divest

verb

di·​vest dī-ˈvest 

də-

divested; divesting; divests

transitive verb

1

a

: to deprive or dispossess especially of property, authority, or title

divesting assets to raise capital

was divested of his rights

divesting herself of all her worldly possessions

encouraged the university to divest itself from fossil fuels

b

: to undress or strip especially of clothing, ornament, or equipment

Christmas trees divested of their ornaments

c

: rid, free

2

: to take away from a person

divestment

dī-ˈves(t)-mənt 

də-

noun

Did you know?

The vest in divest is a close relation of the kind found in closets—its origin is Latin vestis meaning “clothing, garment.” (Vest has the same source and first appeared in English as a verb in the 15th century meaning “to put on garments or vestments.”) Divest today mostly appears in legal and business contexts about a formal removal or loss of something of value; assets that are divested are sold or given away; someone divested of a right officially loses that right. The word’s first late 16th century use, however, was more intimately related to its roots: divest was then used to mean “to undress or strip especially of clothing, ornament, or equipment.” But broader application of divest soon followed. In Shakespeare’s Henry V, the French King Charles is told via messenger that England’s King Henry “wills you, in the name of God Almighty, / That you divest yourself, and lay apart / ... the crown / And all wide-stretched honours that pertain ...”

Synonyms

• dispossess
• expropriate
• oust

Examples of divest in a Sentence

The company is divesting 8 of its 20 stores.

We may have to divest assets to raise capital.

Recent Examples on the Web

Those in the camps asked the university to divest from companies and institutions with ties to Israel and weapon manufacturers, to support an end to the Israeli occupation of the Gaza Strip, and to reinvest funds toward students and workers. —Nathaniel Percy, Orange County Register, 16 Oct. 2024

In June, for instance, Klarna agreed to divest its Checkout payments business for about $520 million. —Michael Del Castillo, Fortune Europe, 11 Oct. 2024

Under a new federal mandate, the company must divest from its Chinese parent company, ByteDance, by January or risk a nationwide ban. —Lars Daniel, Forbes, 11 Oct. 2024

Pressure had been mounting on the consumer giant, parent of brands including Dove, Vaseline and Hellmann’s, to pull out of the region entirely, but Unilever always argued that any move to divest its interests would be complicated. —Samantha Conti, WWD, 10 Oct. 2024

Word History

Etymology

alteration of devest

First Known Use

1623, in the meaning defined at sense 1a

Phrases Containing divest

• divest of
• divest (oneself) of (something)

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Kids Definition

divest

verb

di·​vest dī-ˈvest 

də-

: to take something off or away from

divested myself of my heavy backpack

Legal Definition

divest

transitive verb

di·​vest dī-ˈvest, də- 

: to deprive or dispossess (oneself) of property through divestiture

divestment noun

Etymology

Anglo-French devestir, literally, to undress, from Old French desvestir, from de(s)-, prefix marking reversal + vestir to dress, from Latin vestire