TechnologyAugust 11, 2026

divestment

di-VEST-ment

Definition

The act of selling off assets, subsidiary business interests, or investments.

Etymology

Derived from the verb divest, which comes from the Old French 'desvestir' meaning to strip of clothing, eventually evolving in economic contexts to mean the stripping away of business holdings or assets.

In the news

The article uses divestment to describe GM's decision to sell its stake in an Indiana battery venture to streamline its manufacturing footprint and manage costs.

GM Plans Sale Of Indiana Battery Venture To Samsung SDI

Read the full article ↗

BusinessToday Malaysia

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