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What (who) is Divest - definition
REDUCTION OF SOME KIND OF ASSET FOR FINANCIAL, ETHICAL, OR POLITICAL OBJECTIVES OR SALE OF AN EXISTING BUSINESS BY A FIRM
Divestiture; Divest; Divested; Divestitures; Divesting; Disinvest; Divests; Divestments; Factory farming divestment
divest
v. a.
1.
Strip, undress, unclothe, disrobe.
2.
Deprive, strip, dispossess.
divest
(divests, divesting, divested)
1.
If you divest yourself of something that you own or are responsible for, you get rid of it or stop being responsible for it. (FORMAL)
The company divested itself of its oil interests.
= rid
VERB: V pron-refl of n
2.
If something or someone is divested of a particular quality, they lose that quality or it is taken away from them. (FORMAL)
...in the 1960s, when sexual love had been divested of sin...
They have divested rituals of their original meaning...
= strip
VERB: be V-ed of n, V n of n
divest
v. (formal) (d; refl., tr.) to divest of (they divested themselves of all stocks and bonds)
Wikipedia
Divestment
In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment. Divestiture is an adaptive change and adjustment of a company's ownership and business portfolio made to confront with internal and external changes.
Examples of use of Divest
1. The bill would authorize state and local governments to divest their assets from such companies and give legal protection to people who divest.
2. The IIR deal will give Mr Rigby plenty to divest.
3. Robinson and Milomor were forced to divest assets.
4. Obama has said he would divest the federal donation.
5. "Illinois‘s decision to divest proves the role that states can play in stopping genocide," Ms.