verb di·vest \dī-ˈvest, də-\

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

Full Definition of DIVEST

transitive verb
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
:  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


Next Word in the Dictionary: divestitivePrevious Word in the Dictionary: Dives costsAll Words Near: divest
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears