Definify.com

Webster 1913 Edition

(?; 135)

Noun.

The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc.

, DIVESTURE,

Noun.

The act of stripping, putting off, or depriving.

divestiture ‎(plural divestitures)

the act of divesting, or something divested
the sale or liquidation of a subsidiary company, especially if forced by some governing authority
- 2009 January 31, “Procter & Gamble forced to slice view”, in Toronto Star:
  Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, are now expected to rise 2 per cent to 5 per cent […] .

act of divesting