divest


di·vest

verb \dī-ˈvest, də-\

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

Full Definition of DIVEST

transitive verb
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
2
:  to take away from a person
di·vest·ment \-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

Other Business Terms

amortize, caveat emptor, clearinghouse, due diligence, emolument, green-collar, marque, overhead, perquisite

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