Dictionary
di•vest
Pronunciation: (di-vest', dī-), [key]—
v.t.
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. Law.to take away or alienate (property, rights, etc.).
5. Com.
a. to sell off:
to divest holdings.
b. to rid of through sale:
The corporation divested itself of its subsidiaries. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.