noun. The act of divesting. Coleridge.

noun. The act of divesting.

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

"JPMorgan, in an analyst note, said the long-speculated divestment is positive for Renault as the gain in terms of cash from reduced interest payments on its debt should more than compensate for the fall in dividends that it will receive from Volvo."

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