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English definition of “divest”

divest

verb [T]  /dɑɪˈvest, dɪ-/ us  
to get rid of an investment, part of a business, etc. by selling: He had encouraged the state to divest such holdings. If you divest yourself of a property, you get rid of it, usually by selling: The company has divested itself of some of its money-losing operations.
(Definition of divest from the Cambridge Academic Content Dictionary © Cambridge University Press)
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