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 a corporate restructuring, or is felt to be morally reprehensible
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.