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di·vest Listen to audio/daɪˈvɛst/ verb
di·vests; di·vest·ed; di·vest·ing
[+ obj] finance : to sell (something valuable, such as property or stocks)
The company is divesting 8 of its 20 stores. We may have to divest assets to raise capital/money.
divest of
[phrasal verb] formal
1 divest (someone or something) of (something) : to take (something) away from (someone or something else) : to cause (someone or something) to lose or give up (something)
The document does not divest her of her right to use the property.often used as (be) divested He was divested of his title/power/dignity.
2 divest (yourself) of (something) a : to sell or give away (possessions, money, etc.)
She divested herself of most of her possessions.
b old-fashioned : to remove (clothing, equipment, etc.) from your body
He divested himself of his coat.
— di·vest·ment Listen to audio /daɪˈvɛstmənt/ noun, plural di·vest·ments
[count] asset divestments [noncount] the divestment of assets

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