divest


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Divest

To deprive or take away.

Divest is usually used in reference to the relinquishment of authority, power, property, or title. If, for example, an individual is disinherited, he or she is divested of the right to inherit money. Similarly, an individual may be divested of his or her citizenship for Treason.

Divest is also spelled devest.

divest

to take away an estate or interest in property vested in a person. See VESTING.
References in periodicals archive ?
'In line with my principle of business focus, we have divested from our marketing and upstream businesses and shall from now on focus and consolidate on the gains of our power generation business, Geregu Power Plc.
The divested subsidiary's new owner is Recover Nordic Group.
The same groups were behind pushes to get the Norwegian Sovereign Wealth Fund in 2015 to divest an estimated $8 billion from the coal sector, and more recently BNP Paribas Asset Management, became the last of more than 100 major financial institutions to divest from coal, a total of $1 billion in their case.
His remarks came soon after the apex court restored the powers of the Verma as it set aside the Centre's decision to divest him of his powers to function as the head of the investigating agency.
Ireland's decision to divest is the latest in a movement that has swept across cities, universities, and pension funds.
If the Irish bill passes, it will make Ireland the world's first government to divest from fossil fuels.
Ballard Power Systems (NASDAQ : BLDP )( TSX: BLDP), a company that provides clean energy products, has signed a definitive agreement to divest certain non-core assets of its subsidiary, Protonex, related to the Power Manager business to Revision Military Ltd.
Responding to comments by Prime Minister Tun Dr Mahathir Mohamad that Khazanah had deviated from its original purpose to help the Bumiputera, the MCA deputy president warned the government against asking Khazanah to divest its profitable assets to a select few Bumiputera individuals.
LAHORE -- According to a notice filed on the exchange, Meezan Bank Limited today announced that Noor Financial Investment has divested another 3.4 per cent in Meezan Bank.
Pimentel said Calida, who admitted that he has not divested from his family's security firm, is not a Cabinet member, therefore the requirement to divest does not apply to him.
"Now that he has new friends, he says he would divest 'if he wins.' If he thought it was truly problematic, he would divest now, stay divested, and not wait."
M2 PHARMA-March 1, 2018-Moberg Pharma divests brand Balmex for USD4.25m to Randob Labs