1.VerbTo strip, deprive, or dispossess (someone) of something (such as a right, passion, privilege, or prejudice).
"You shall never divest me of my right to free speech.; When I wake up, I make a point to divest myself of all my prejudices, ready to start the day."
2.VerbTo sell off or be rid of through sale, especially of a subsidiary.
"In 2011, the company divested an 81% majority stake in its foreign subsidiary.; Glasgow will become the first university in Europe to divest from fossil fuels."