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English definition of “divest”

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divest

verb [I or T]
 
 
/dɪˈvest/
FINANCE to sell an asset, a business, or part of a business, or to reduce the amount of investment in something: The company will be divesting some assets that no longer fit its profile. We have made a decision to divest from the hotel and casinos business to focus more on drinks sales.
Translations of “divest”
in Spanish Quitarse, Desapropiarse de, Destituir…
in Chinese (Traditional) 賣掉,出售(企業或其中一部分)…
in Chinese (Simplified) 卖掉,出售(企业或其中一部分)…
(Definition of divest from the Cambridge Business English Dictionary © Cambridge University Press)
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