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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)

Source: Merriam-Webster's Learner's Dictionary

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

divestment

play \-ˈves(t)-mənt\ noun

Examples of divest in a sentence

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

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



Did You Know?

Divest is one of many English words that come from the Latin verb vestire (to clothe) and ultimately from the noun vestis (clothing, garment). Others include vest, vestment, invest, and travesty. Divest and its older form devest can mean to unclothe or to remove the clothing of, but the word had broader applications even when it was first being used in the 16th and 17th centuries. In the opening scene of Shakespeare's King Lear, Lear uses the term to mean rid oneself of or put aside:

"Tell me, my daughters
(Since now we will divest us both of rule,
Interest of territory, cares of state),
Which of you shall we say doth love us most?" In addition to clothing, one can be divested of power, authority, possessions, or burdens."

Origin and Etymology of divest

alteration of devest


First Known Use: 1623


Law Dictionary

divest

play
transitive verb di·vest \dī-ˈvest, də-\

Legal Definition of divest

  1. :  to deprive or dispossess (oneself) of property through divestiture

divestment

noun


Origin and Etymology of divest

Anglo-French devestir, literally, to undress, from Old French desvestir, from de(s)-, prefix marking reversal + vestir to dress, from Latin vestire




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to lessen in amount, effect, or force

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