Pronunciation: (di-vest', dī-),[key] —v.t. 1. to strip of clothing, ornament, etc.: The wind divested the trees of their leaves. 2. to strip or deprive (someone or something), esp. of property or rights; dispossess.
3. to rid of or free from: He divested himself of all responsibility for the decision. 4. Law.to take away or alienate (property, rights, etc.).
5. Com. a. to sell off: to divest holdings. b. to rid of through sale: The corporation divested itself of its subsidiaries.