divest
B1Pronunciation
UK
- /daɪvˈɛst/
US
- /daɪˈvɛst/
- /dɪˈvɛst/
Description
- sell off
- give up
- get rid of
- shed
- take away
Imagine a company deciding it is better off focusing on making shoes than running hotels. It might divest itself of its hotel holdings—meaning it sells them off to another company. Divesting isn't just about money, though. You can divest yourself of old habits, negative emotions, or even possessions you no longer need. It's a deliberate act of letting go, often for strategic reasons. Think of it like shedding weight—getting rid of what's holding you back.
To divest means to get rid of something you own or control—often by selling it—or to take something away from someone, such as property, rights, or power. Historically, it had strong legal connotations relating to the taking away of land or titles, sometimes unjustly. Today it is most commonly used in a business context to describe selling off subsidiaries or assets. A company might divest a division that isn't performing well, or one that doesn't fit with its long-term strategy. For example: "The corporation decided to divest its coal mines and invest in renewable energy."
But divestment extends beyond just financial transactions. It can also mean to rid oneself of something abstract—like a belief, habit, or emotion. You might divest yourself of prejudice, anger, or even unnecessary possessions. This usage emphasizes the intentional act of letting go and freeing oneself from something considered burdensome or undesirable.
The term gained prominence in recent years with the rise of socially responsible investing, where individuals and institutions choose to divest from companies involved in controversial industries like fossil fuels or tobacco—a powerful way to express their values through financial choices.
So whether it's selling off assets, shedding old beliefs, or making ethical investment decisions, to divest is to deliberately relinquish ownership or involvement, often with the goal of simplification, improvement, or alignment with one's principles.
Examples
- 1
Corporate strategy
The company decided to divest its newspaper division and focus on streaming.
- 2
Regulatory requirement
After the merger, the bank was required to divest some branches to satisfy regulators.
- 3
Ethical investing
Several universities have pledged to divest from fossil fuel companies.
Pattern
divest from + company/industry
sell investments in it
- 4
Personal habits
She wanted to divest herself of old habits that were slowing her down.
Usage
divest yourself of + thing
get rid of it; formal English
- 5
Legal authority
The ruling could divest the committee of its power to approve budgets.
Pattern
divest someone of + power/right
formally take it away
Forms and spellings
4 forms open this card.
Main spelling
- divestverb
Forms
- divestedpast tenseverb
- divesting-ing formverb
- divestsverb