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- (transitive) To strip, deprive, or dispossess (someone) of something (such as a right, passion, privilege, or prejudice).
- (transitive, finance) To sell off or be rid of through sale, especially of a subsidiary.
- Synonym: sell off
- Antonym: invest
- In 2011 the company divested an 81% majority stake in its foreign subsidiary.
- As Glasgow becomes the first university in Europe to divest from fossil fuels.
- 2011, Alfred Schipke, Why Do Governments Divest?: The Macroeconomics of Privatization, Springer Science & Business Media (→ISBN), page 6:
- It is argued that from a fiscal point of view, governments should divest only if this leads to an improvement in the intertemporal budget constraint. However, it is shown that policymakers are instead inclined to divest public assets as a means of […]
- 2018, Ravi Kanbur, Henry Shue, Climate Justice: Integrating Economics and Philosophy, Oxford University Press, USA (→ISBN), page 146:
- Building from this argument, we can now turn to arguing the moral case why individuals should divest from fossil fuels. We can flesh out what is wrong with continuing investments in the fossil fuel industry in terms of the role that an agent […]
- (transitive, archaic) To undress.
- 1897, Henry James, What Maisie Knew:
- Having divested the child he kissed her gently and gave her a little pat to make her stand off.
In sense "sell off", stronger than related disinvest, which instead means "reduce or cease new investment".
to strip, deprive, or dispossess of something
undress — see undress