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What does divest mean?

Looking for the meaning or definition of the word divest? Here's what it means.

Verb
  1. (transitive, archaic) To undress, disrobe.
  2. (transitive) To strip, deprive, or dispossess (someone) of something (such as a right, passion, privilege, or prejudice).
  3. (transitive) To sell off or be rid of through sale, especially of a subsidiary
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Examples
It will be there waiting for a chance to attack and divest you of your inner purification.
A second was to order the IOUs to divest themselves of most of their thermal generating assets.
But we can't give government the unilateral right to divest us of all our rights.
The grant of a licence to occupy, however, will not divest the owner of control.
During the Nineties healthcare firms were keen to divest themselves of their interests in vaccines.
He fears the Goshree bridges would divest the islands of their charm of being aloof and convert them into a thoroughfare.

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