Divestment
The process of selling an asset. Also known as divestiture, it is made for either financial or social goals. Divestment is the opposite of investment. Investopedia Says:
Generally you'd just say that you are selling an asset. The term divestment is more appropriate however in the following contexts:
1) A change in corporate strategy - a firm might say that they are divesting a particular subsidiary to focus on their core business.
2) Social goals - there are many political reasons why investors might reduce investments. A notable example was the withdrawal of American firms from South Africa during apartheid. Related Terms:
Asset
Investment
Social Responsibility
Socially Responsible Investment |