divestment
English edit
Etymology edit
Pronunciation edit
Noun edit
divestment (usually uncountable, plural divestments)
- (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[1]:
- 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.
Translations edit
sale of some kind of asset
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Further reading edit
- divestment on Wikipedia.Wikipedia