divestment
C1CEFR level
65/100Rarity: rare
TechnicalRegister
Law noun
The disposal of a subsidiary, business unit, or holding.
The divestment of the non-core assets raised sufficient capital to reduce the group's borrowings.
Business noun
The sale of a part of a business or a holding.
Divestment of the loss-making unit lifted the share price.
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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