divesting Definition
- 1to sell off business interests or investments
- 2to strip of clothing, ornament, etc.
- 3to rid of or free from
Using divesting: Examples
Take a moment to familiarize yourself with how "divesting" can be used in various situations through the following examples!
Example
The company is divesting its coal mines to focus on renewable energy.
Example
She divested herself of her coat and scarf.
Example
He divested himself of all his responsibilities.
divesting Synonyms and Antonyms
Phrases with divesting
a social movement that aims to pressure companies, organizations, and institutions to divest from fossil fuels, tobacco, and other industries deemed harmful to the environment or society
Example
The divestment campaign against the tobacco industry gained momentum in the 1990s.
a legal contract between a company and a regulatory agency that requires the company to sell off certain assets or business units as a condition for approval of a merger or acquisition
Example
The divestiture agreement between the two telecom giants was designed to prevent a monopoly in the market.
a political movement that calls for boycotts, sanctions, and divestment from Israel until it complies with international law and respects Palestinian rights
Example
The divestment from Israel campaign has been controversial and divisive among college campuses and investment funds.
Summary: divesting in Brief
The verb 'divesting' [dih-vest-ing] means to sell off business interests or investments, strip of clothing or ornament, or rid of or free from something. Examples include 'The company is divesting its coal mines to focus on renewable energy,' and 'She divested herself of her coat and scarf.' The term extends into phrases like 'divestment campaign,' which refers to a social movement that aims to pressure companies to divest from industries deemed harmful to the environment or society.