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divest

play
verb di·vest \dī-ˈvest, də-\

Simple Definition of divest

  • finance : to sell (something valuable, such as property or stocks)

Full Definition of divest

  1. transitive verb
  2. 1 a :  to deprive or dispossess especially of property, authority, or title b :  to undress or strip especially of clothing, ornament, or equipment c :  rid, free

  3. 2 :  to take away from a person

di·vest·ment play \-ˈves(t)-mənt\ noun

Examples of divest

  1. The company is divesting 8 of its 20 stores.

  2. We may have to divest assets to raise capital.



Origin of divest

alteration of devest


First Known Use: 1623




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