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单词 divestment
释义
divestment

Geography
  • In business, the sale of an asset; the opposite of an investment. Geographical analyses of divestment focus on: the conduits through which surplus or excess effects are discarded; the practices of divestment; disinvestment as practice; and the connections between divestment practices. Gregson et al. (2007) TIBG 32, 2 show how surplus/excess things are routinely divested through specific conduits; throwing something out is actually throwing it in to another location—a bin, a skip, a charity shop. In international business, divestment is the closure or sell-off of units in foreign locations, or, conversely, units owned by foreign firms (Benito (2004) J. Econ. Geog. 5, 2, 235).


Economics
  • The disposal of part of its activities by a firm. This sometimes reflects the commercial judgement that the activity concerned would be more profitable operating independently or run by another firm. In other cases, divestment is required by anti-monopoly regulators to reduce a firm’s monopoly power.


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