Meaning of the word divest in English

What does divest mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

divest

US /dɪˈvest/
UK /daɪˈvest/

Verb

1.

deprive (someone) of power, rights, or possessions

Example:
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The government moved to divest the company of its assets.
•
He was divested of his title after the scandal.
2.

rid oneself of (something that one no longer wants or requires), such as a business interest or investment

Example:
•
The company decided to divest its unprofitable subsidiaries.
•
Investors are urged to divest from fossil fuel companies.
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