divestment

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English

Etymology

From divest +‎ -ment.

Pronunciation

Noun

divestment (usually uncountable, plural divestments)

  1. (finance) The sale or other disposal of some kind of asset.
    Synonym: divestiture
    Antonym: investment
    The fossil fuel divestment movement is calling on institutions to divest from the companies causing climate change.
    • 2014 November 6, Rob Nixon, “Naomi Klein’s ‘This Changes Everything’”, in New York Times‎:
      The divestment movement against Big Carbon is gathering force. While it will never bankrupt the mega-corporations, it can reveal unethical practices while triggering a debate about values that recognizes that such practices are nested in economic systems that encourage, inhibit or even prohibit them.

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