Words / D / Law

divest

/daɪˈvɛst/

C1CEFR level
65/100Rarity: rare
TechnicalRegister

Law verb

To sell off or dispose of a business, asset, or shareholding.

Regulators required the group to divest its overlapping logistics arm.

Similar: dispose, sell off

Topic: Legislation in Legal English

Business verb

To sell off a subsidiary, holding or line of business.

The conglomerate divested its loss-making chemicals arm to focus on healthcare.

Similar: sell, offload

Topic: Advanced English in Business English

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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More law words: Legislation