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LSDefine

Simple English definitions for legal terms

divestment

Read a random definition: assignment for benefit of creditors

A quick definition of divestment:

Divestment: When a business sells off parts of itself or its investments for different reasons like money, ethics, or politics. This means they have to take it off their financial records. They can sell it, close it, or go bankrupt. In property law, divestment means someone has something that they might lose in the future if something else happens.

A more thorough explanation:

Divestment is a term used in business and property law. It means selling off assets, investments, or subsidiaries for financial, ethical, or political reasons. This can be done by removing the asset from the company's financial records. Divestment can happen through sale, closure, or bankruptcy.

Example 1: A company decides to divest its subsidiary that is not performing well. The company sells the subsidiary to another business.

Example 2: A university decides to divest from fossil fuels. It sells its investments in oil and gas companies and invests in renewable energy instead.

Example 3: A property owner gives their property to their child, but with a condition that the child will lose the property if they don't take care of it properly.

These examples illustrate how divestment can be used for different reasons, such as improving financial performance, aligning with ethical values, or setting conditions for property ownership.

divestiture | dividend

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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