divestment
/dɪˈvɛstmənt/
selling assets
The university announced its divestment from fossil fuels.
The university said it will sell its fossil‑fuel investments.
Business
formaltechnical
The act of selling or disposing of assets, often to remove involvement in a particular industry.
Many colleges have adopted divestment policies to avoid investing in coal.
Several universities decided to stop investing in coal companies.
English Dictionary