Outrageously Funny Word Dictionary :: Divesting

👉 Divesting is a legal process in which an individual, company or other entity sells part of its assets to another party. The sale can include shares, bonds, or other financial instruments that are sold for cash. In the context of divestment, it typically refers to the act of selling off a portion of an organization's assets, such as real estate, equipment, or inventory, in order to raise capital or pursue certain business opportunities. For example, if a company is downsizing and wants

divesting