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Vinony

divestment

noun

  1. reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm
L228253 on Wikidata ↗

Wiktionary

Pronunciation: /daɪˈvɛstmənt/

noun

Etymology: Etymology tree English divest Proto-Indo-European *-mn̥ Proto-Indo-European *-mn̥tom Proto-Italic *-mentom Latin -mentum Old French -mentbor. Middle English -ment English -ment English divestment From divest + -ment.

  1. The sale or other disposal of some kind of asset.

    “The fossil fuel divestment movement is calling on institutions to divest from the companies causing climate change.”

    “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.”