divest

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“
Step 1: If a bank has a pool of residential mortgages with $100 face value that it is seeking to divest, the bank would approach the FDIC.

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Definitions (13)

Toggle American Heritage definitions American Heritage Dictionary (5)

  1. transitive verb To strip, as of clothes.
  2. transitive verb To deprive, as of rights or property; dispossess.
  3. transitive verb To free of; rid: "Most secretive of men, let him at last divest himself of secrets, both his and ours” (Brendan Gill).
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Toggle Century definitions Century Dictionary (3)

Toggle GNU Webster definitions GNU Webster's 1913 (1)

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Examples (50)

  • EDF has also committed to divest, without conditions, one site potentially suitable for the construction and operation of new electricity production facilities situated adjacent to existing British Energy stations at either Heysham or Dungeness, at the option of the purchaser. —  PublicTechnology.net
  • [1] "The Canada Pension Plan Investment Board (CPPIB) has previously rejected appeals from Pension Plan contributors and health organizations, including ourselves and the Canadian Medical Association, to divest its tobacco holdings," said Ms. Callard. —  Marketwire - Breaking News Releases
  • In addition, some industry reports suggest that hedge funds continue to divest themselves of illiquid assets. —  SeekingAlpha.com: Home Page
  • But perhaps an even more onerous aspect of proposed legislation involves forcing electric utility companies to divest their generating facilities if they have more than 20 percent of the production in a specific region.
  • It wasn't until Maggie Thatcher arrived in 1979 to divest the country of the worst of its political baggage that the nation turned around. —  Aloft: The Whythawk Blog
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Roget's II Roget's II: The New Thesaurus

Allen's Allen's Synonyms and Antonyms

Used in the same context Used in the Same Context

Used in the same contextWord Family

divest:   divesting ·  divested
Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary. Copyright © 2003, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Etymologies (2)

Toggle American Heritage etymologies American Heritage Dictionary (1)

  1. Alteration (influenced by Medieval Latin dīvestīre, to undress) of devest.

Toggle Century etymologies Century Dictionary (1)

  1. Also devest; from Old French devestir, also desvestir, French dévêtir = Provencal devestir, desvestir = Italian divestire, svestire, from Latin devestire, Middle Latin also divestire, disvestire, undress, from de- (or di-, dis-) privative + vestire, dress, clothe, from vestis, clothing, garment. The form devest, q. v., is now used only as a technical term in law.
 

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/dɪˈvɛst/
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