divestiture (Noun) — (law) an order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behaviour. ex. "the court found divestiture to be necessary in preventing a monopoly"
divestiture (Noun) — The sale by a company of a product line or a subsidiary or a division.
divestiture (Noun) — The sale or other disposal of some kind of asset.