divest: Meaning and Definition of

di•vest

1. to strip of clothing, ornament, etc.: The wind divested the trees of their leaves.
2. to strip or deprive (someone or something), esp. of property or rights; dispossess.
3. to rid of or free from: He divested himself of all responsibility for the decision.
4. to take away or alienate (property, rights, etc.).
5. to divest holdings.
1. to sell off:to divest holdings.
2. to rid of through sale:The corporation divested itself of its subsidiaries.