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
References in periodicals archive ?
Melbourne's decision alone brought the total asset of divesting funds in Australia up to 5.5 billion Australian dollars.
Worcester State University is more willing to discuss this: "We have been approached by students and some faculty about divesting from fossil fuels.
More than 800 global investors are now committed to divesting their holdings in fossil fuels, according to the Divest-Investment movement, which counts an additional 50 new foundations added to 17 that pledged in January.
The issue that arises from these studies is not all divesting companies attain better post-divestiture performance.
Muscat: Oman International Development and Investment Company (Ominvest) is looking at divesting a part of its stake in Oman Arab Bank (OAB) through a private placement, in addition to its plans to divest 21 per cent holding in the bank through an initial public offering (IPO).
Nofel said that the Ministry of National Economy is still proceeding with the program of boycotting and divesting settlement goods and working on preserving the Palestinian market to be clean and free of these products, with the support of the Palestinian, international and peace forces that condemn settlements.
By divesting the local consultancy business in Sweden the company is refining its business and gets the opportunity to invest in areas such as Linux, realtime operating systems, hardware environments and product related services.
ThyssenKrupp already is in the process of divesting ThyssenKrupp Metal Forming and ThyssenKrupp Xervon and implementing a partnership between Abu Dhabi Mar and ThyssenKrupp Marine Systems.
In addition to divesting from Africa Israel Investments and Danya Cebus, the Norwegian Government announced divestment from the Malaysian Company Samling Global over its forestry operations.
However, that fit can change over time, which can lead to divesting. Wise client "de-selection" or divesting, requires combining several key concepts and creating alliances with other service providers.
* Stora Enso has also begun investigations into the feasibility of divesting its fine paper mill at Grycksbo, Sweden, as the group focuses its coated fine paper business on multi-coated graphical grades.