divest[də vest′, dī-]
- Divest is defined as to take something away from someone, or to rid yourself of something.
- When you take power away from the president of a club, this is an example of a time when you divest.
- When you get rid of poorly performing investments, this is an example of a time when you divest your portfolio.
- to strip of clothing, equipment, etc.
- to deprive or dispossess of rank, rights, etc.
- to disencumber or rid of something unwanted
- Law devest
Origin of divestaltered ; from devest
transitive verbdi·vest·ed, di·vest·ing, di·vests
- To strip, as of clothes.
- a. To deprive, as of rights or property; dispossess.b. To free of; rid: “Most secretive of men, let him at last divest himself of secrets, both his and ours” (Brendan Gill).
- To sell off or otherwise dispose of (a subsidiary company or an investment).
- Law To devest.
Origin of divestAlteration (influenced by Medieval Latin dīvestīre, to undress) of devest.
(third-person singular simple present divests, present participle divesting, simple past and past participle divested)
- (archaic) To undress, disrobe.
- To strip, deprive, or dispossess (someone) of something (such as a right, passion, privilege, or prejudice).
- You shall never divest me of my right to free speech.
- When I wake up, I make a point to divest myself of all my prejudices, ready to start the day.
- To sell off or be rid of through sale, especially of a subsidiary
- In 2011 the company divested an 81% majority stake in its Chinese subsidiary.