divestment
the act of selling investments, property, or part of a company
The sale or disposal of investments, assets, or parts of a business, especially by a company or institution.
selling investments because you do not want to support a company or industry
The withdrawal of money from companies, industries, or funds in order to avoid supporting activities considered harmful, unethical, or politically unacceptable.
the legal act of taking away someone's rights, power, or ownership
The formal or legal removal of someone's rights, powers, title, property, or status.
- Base: divestment
- Plural: divestments
divestment campaign
1campaign to sell holdings
a campaign that asks an organization to sell certain investments
- The student divestment campaign urged the university to sell its shares in the mining company.
- A divestment campaign can put financial and reputational pressure on a target industry.
- The charity joined a divestment campaign focused on companies linked to forced labor.
- The students started a divestment campaign.
- The campaign asked the bank to sell its shares.
forced divestment
1required sale of assets
a sale that a company or owner is legally required to make
- The merger was approved only after a forced divestment of several stores.
- Regulators threatened forced divestment if the company refused to reduce its market power.
- Lawmakers discussed forced divestment of the foreign owner's stake in the app.
- The company faced forced divestment.
- The regulator made the company sell part of its business.
fossil fuel divestment
1selling fossil fuel investments
selling investments in coal, oil, and gas companies for environmental reasons
- The city council voted to support fossil fuel divestment in its pension portfolio.
- Campaigners say fossil fuel divestment sends a clear message to energy companies.
- Several universities have adopted fossil fuel divestment policies.
- The college chose fossil fuel divestment.
- Fossil fuel divestment means selling oil and gas investments.