Strategy and product
Divestment
Selling or closing part of a business. A spin-off turns it into a separate company; a carve-out sells it to a new owner.
You'll hear it as
The data business is being divested, so it'll have new owners next year.
Also called Spin-off, Carve-out.
Related terms.
Videos.
No video mentions Divestment by name yet. These are on the same topic, Business & startups.