divest
/daɪˈvɛst/
verb
- To sell off or get rid of a business, investment, or asset.
- Many universities have chosen to divest from fossil fuel companies.
- He divested his shares in the firm before the stock price dropped.
- The company decided to divest its struggling retail division to focus on technology.
- To remove or take away something, especially a right, possession, or quality.
- She felt the scandal divested her of her reputation.
- The new law divests citizens of the right to protest without a permit.
- The king was divested of his power after the revolution.
- To undress or remove clothing (formal or literary).
- She divested her coat and gloves as she entered the warm house.
- The knight divested himself of his armor after the long battle.
- He divested himself of his wet clothes and wrapped in a towel.