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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
A second was to order the IOUs to divest themselves of most of their thermal generating assets.
It will be there waiting for a chance to attack and divest you of your inner purification.
Katana was simply trying to divest himself of any assets he saw as exigible under a Judgment.
Paese also said it didn't make sense to divest holdings of stocks because of a company's activities.
In 1998 the Peoples Liberation Army was ordered to divest itself of its considerable and highly regionalised business activities.
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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