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Meaning of divest

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. to take away or alienate (property, rights, etc.).
  5. to divest holdings.
    1. to sell off:to divest holdings.
    2. to rid of through sale:The corporation divested itself of its subsidiaries.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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