The New Dictionary of Cultural Literacy, Third Edition. 2002.
divestiture
(deye-VES-tuh-chuhr, deye-VES-tuh-choor) The act of a corporation or conglomerate in getting rid of a subsidiary company or division. In a tactic to pressure South Africa to end apartheid, during the 1980s many Americans and Europeans urged divestiture on corporations doing business in South Africa.