1. to sell off or get rid of business assets, investments, or subsidiaries
Usage: business; finance
2. to strip or deprive someone of possessions, rights, or qualities
Usage: formal
3. to remove or take off clothing or covering
Usage: formal; literary

Examples

• The company decided to divest its overseas operations.
• Investors are divesting from fossil fuel companies.
• The court ordered him to divest himself of all financial interests.
• The new regime divested the nobility of their traditional privileges.
• She divested herself of her heavy winter coat.
• The trees divested themselves of their leaves in autumn.