1. removed or stripped of possessions, rights, or responsibilities
Usage: past tense and past participle of divest
2. sold off or disposed of business assets or investments
Usage: business context

Examples

• The corrupt official was divested of his authority.
• She divested herself of all jewelry before entering the secure area.
• The company divested its overseas operations last year.
• He was divested of his voting rights after the scandal.
• The corporation divested several unprofitable subsidiaries.
• The king was divested of his crown during the revolution.
• They divested their holdings in fossil fuel companies.