divestiture
C1CEFR level
85/100Rarity: very rare
TechnicalRegister
Law noun
A structural remedy requiring the sale of a business, brand or asset to a suitable purchaser to preserve competition.
Clearance was conditional on the divestiture of the overlapping bottling plants.
Business noun
The sale or disposal of a business unit or asset.
The divestiture of its retail arm raised billions.
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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