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.
In 2011 the company divested an 81% majority stake in its Chinese subsidiary.
Origin of divest
- Alteration (influenced by Medieval Latin dīvestīre to undress) of devest
From American Heritage Dictionary of the English Language, 5th Edition
- Alteration of devest, from Middle French devester (“strip of possessions”), from Old French desvestir, from des- (“dis-”) + vestir (“to clothe”).