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English definition of “divest”

divest

verb [I or T] uk   /dɪˈvest/ mainly US us  
to sell something, especially a business or a part of a business: The company is divesting its less profitable business operations. She has divested herself of (= sold) some of her share-holdings.Selling
Phrasal verbs
(Definition of divest from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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