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di·vest    Audio Help   (dĭ-věst', dī-)  Pronunciation Key 
tr.v.   di·vest·ed, di·vest·ing, di·vests
  1. To strip, as of clothes.
    1. To deprive, as of rights or property; dispossess.
    2. To free of; rid: "Most secretive of men, let him at last divest himself of secrets, both his and ours" (Brendan Gill).
  3. To sell off or otherwise dispose of (a subsidiary company or an investment).
  4. Law To devest.


[Alteration (influenced by Medieval Latin dīvestīre, to undress) of devest.]

di·vest'ment n.
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The American Heritage® Dictionary of the English Language, Fourth Edition
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Divesting

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