- The stripping off of one utility function from the others by selling (spinning-off) or in some other way changing the ownership of the assets related to that function. Stripping off is most commonly associated with spinning-off generation assets so they are no longer owned by the shareholders that own the transmission and distribution assets.U.S. Dept. of Energy, Energy Information Administration's Energy GlossarySee also "Disaggregation"
Energy terms . 2014.
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divestiture — di·ves·ti·ture /dī ves ti ˌchu̇r, də , chər/ n 1: the sale or transfer of title to a property (as an operating division) under court order (as in bankruptcy) 2: the sale of an asset (as a business division) that is unprofitable, does not enhance… … Law dictionary
Divestiture — Di*vest i*ture (?; 135), n. The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc. [1913 Webster] … The Collaborative International Dictionary of English
divestiture — c.1600, from DIVEST (Cf. divest) on analogy of investiture. Economics sense is from 1961 … Etymology dictionary
divestiture — [də vest′ə chər, dī vest′ə chər] n. a divesting or being divested: also divestment or divesture … English World dictionary
divestiture — A complete asset or investment disposal such as outright sale or liquidation. Bloomberg Financial Dictionary * * * divest di‧vest [daɪˈvest, d ] verb FINANCE 1. [transitive] if a group divests one of the companies that it owns, it gets rid … Financial and business terms
Divestiture — The partial or full disposal of an investment or asset through sale, exchange, closure or bankruptcy. Divestiture can be done slowly and systematically over a long period of time, or in large lots over a short time period. For a business,… … Investment dictionary
divestiture — The giving up of a possession (e.g., part of a business) or right. If voluntary, divestiture may be an attempt to improve efficiency by cutting a loss making business or concentrating on one product or business area. If court ordered, it may… … Business law dictionary
divestiture — /daveststysr/ In anti trust law, the order of court to a defendant (e.g. corporation) to divest itself of property, securities or other assets. U. S. v. E. I. duPont de Nemours and Co., 366 U.S. 316, 81 S.Ct. 1243, 6 L.Ed.2d 318. A firm s act of… … Black's law dictionary
divestiture — noun 1. an order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behavior (Freq. 4) the court found divestiture to be necessary in preventing a monopoly • Derivationally… … Useful english dictionary
divestiture — noun Etymology: divest + iture (as in investiture) Date: 1601 1. the act of divesting 2. the compulsory transfer of title or disposal of interests (as stock in a corporation) upon government order … New Collegiate Dictionary
divestiture — /di ves ti cheuhr, choor , duy /, n. 1. the act of divesting. 2. the state of being divested. 3. something, as property or investments, that has been divested: to reexamine the company s acquisitions and divestitures. 4. Also, divesture /di ves… … Universalium