1. the action of selling off subsidiary business interests or investments
Usage: business; finance
2. the practice of selling investments in companies or funds on ethical grounds
Usage: often used in social or political contexts
3. the act of getting rid of or giving up something
Usage: formal

Examples

• The university announced its divestment from fossil fuel companies.
• The corporation’s divestment of its overseas operations raised millions.
• Student activists called for divestment from companies operating in conflict zones.
• The divestment strategy helped the company focus on its core business.
• Many pension funds are considering divestment from tobacco stocks.
• The divestment of non-essential assets improved the firm’s financial position.