divest
Definition
To sell off. Often referred to in the context of a company selling off divisions that are either a poor fit within the overall corporate strategy, or showing poor financial performance.
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Related terms:
divestiture, spinoff, registration right
'divest' appears in these other terms:
divestment
'divest' appears in the definitions of these other terms on BusinessDictionary.com:
human rights, management buy out (MBO), condition
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