Divestment is a common business strategy used by companies across different industries to improve their financial position or focus on their core business activities. Synonyms for the word "divesture" include "selling off," "spin-off," "liquidation," and "disposal." The term "selling off" implies getting rid of a portion or all of a company's assets or properties, while a "spin-off" refers to creating a new entity out of a portion of the company's existing assets. "Liquidation" suggests winding down or closing a company, while "disposal" denotes getting rid of something that is of no use to the company. Regardless of the synonym used, divestment aims to create value for a business by freeing up cash flow or reducing operational complexity.