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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

divest

to take away an estate or interest in property vested in a person. See VESTING.
Collins Dictionary of Law © W.J. Stewart, 2006
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References in periodicals archive ?
Noor Financial has since then divested (26,447,000 @70/- share, 3,026,400 @ 70/- share and 36,164,255 @ 72.30 per share) a total of 65,637,255 shares in Meezan Bank with a total amount of Rs4.677 billion.
Noor Financial divests another 3.4 pc in Meezan Bank Limited
In full and final settlement of NeuroSearch's remaining rights in the divested programmes, NeuroSearch will receive from Saniona a one-time cash payment of DKK5.5m.
NeuroSearch sells remaining interest of divested assets to Saniona; updates outlook
"That said, the hurdles to the completion of the deal are large, as it appears finding a viable buyer for the necessary divested stores likely remains a challenge."
Analysts: growth outlook hinges on Rite Aid deal
In the past, one carrier bought divested operations from two combining insurers to resolve antitrust concerns.
Hospital group: "Remedies" for insurer deal market effects are quackery
The WGC believed it was the first time Russia divested its gold holdings.
Russia Ups Gold Reserves for 8th Month While Ukraine Slashes
(2003) assert that differential relative size of divested assets is the cause of inconsistent shareholder wealth effect in empirical literature.
Asset divestitures and corporate operational returns: an agency theory perspective on Malaysian public-listed companies
Net in come in the quarter included $44 million of aftertax charges ($0.09 per diluted share) resulting from the previously disclosed implementation of various business realignment and other cost-saving initiatives, the sale of land in Mexico and a previously disclosed competition law mater in France related to a divested defer gent business.
Colgate's sales rise 7.5% in 2011
The text also says that enemy property could be divested only to the owners or their lawful heir.
Cabinet nod to changes in the enemy property law
If the enemy property was divested from the Custodian before July 2, 2010, it shall stand transferred to and vest or continue to vest in the Custodian.
Enemy Property Act, 1968 amendments approved
NEW YORK, August 24, 2010 (WAFA)- In a major victory for the international movement for Boycott, Divestment and Sanctions (BDS) against Israel, the Norwegian government announced yesterday that it has divested from Lev Leviev's company Africa Israel Investments and its construction subsidiary Danya Cebus due to their construction of Israeli settlements in the Occupied Palestinian Territories.
Norway Divests from Leviev Companies Due to Israeli Settlement Construction
Moreover, they set out remedies to ensure access to raw milk for the fresh dairy and cheese businesses to be divested by the parties as well as for their competitors in the fresh dairy and cheese markets in the Netherlands.
DAIRY INDUSTRY : CONDITIONAL GREEN LIGHT FOR DUTCH MERGER
"We hope to have restructured and divested Air Jamaica, such that it is no longer a strain on the budget by the latest March 2009."
Govt. to divest airline

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