divestment
nounUK /daɪˈvestmənt/
US /daɪˈvestmənt/
The act of selling something you own or taking your money out of something.
The company announced the divestment of its overseas factories.
RELATED WORDS
OTHER MEANINGS
2. The act of taking away something such as rights, power, or property.
The divestment of the king's powers led to a new government.
3. The act of getting rid of something unwanted, like a habit or belief.
His divestment of old prejudices took years of effort.
4. The removal of clothing or covering.
The divestment of heavy winter coats marked the start of spring.