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:
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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