demerger
C1CEFR level
70/100Rarity: rare
TechnicalRegister
Law noun
The separation of part of a company's business into an independent entity, often by distributing shares to existing shareholders.
The board approved a demerger, spinning off the consumer division as a separately listed company.
Business noun
The separation of a company into two or more independent businesses.
Shareholders pushed for a demerger, arguing the industrial arm was dragging down the group's valuation.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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