divest divest  /daɪ ˈvɛst/

Definition(s):

  1. (v) take away possessions from someone
  2. (v) deprive of status or authority
  3. (v) reduce or dispose of; cease to hold (an investment)
  4. (v) remove (someone's or one's own) clothes

Synonym(s)

Antonyms(s)

Usage(s):

  1. Divestment totals creep upAll spring on campus, if the fuss was familiar, so was the issue: divestment.
  2. Also urges governments, corporations to divest from Iran.
  3. RCA became a conglomerate, diversifying broadly and unsuccessfully before being taken over in 1986 by GE, the outfit that started RCA and was forced to divest it in 1932.

News

  1. CML HealthCare Inc. Announces First Series of Diagnostic Imaging Clinic and License Divestments With Gross Proceeds ...

    CML HealthCare Inc. , a leading Canadian community-based provider of medical diagnostic testing services, is pleased to announce the first of a series of transactions to divest its diagnostic imaging operations, ...
    on June 14, 2013     Source: Marketwired via Yahoo! Finance

  2. Students to Regents: UW should rid itself of oil, coal stocks

    A crowd of University of Washington students, many wearing trademark purple-and-gold shirts, on Thursday urged UW regents to divest the university’s investment portfolio of all stocks in Big Oil, Big Coal, and all companies comprising the backbone of the fossil-fuel economy. Unusual for Seattle, it was a protest lacking in jargon and detailed in argument. “We believe investment in oil companies ...
    on June 14, 2013     Source: seattlepi.com

  3. Chevron to Offload Nigerian Assets

    Chevron Nigeria Limited is planning to divest its ownership in two shallow water oil blocks, off the country's shore.
    on June 13, 2013     Source: Zacks via Yahoo! Finance

Quotes

  1. "The opportunity now is to consolidate our tight gas portfolio, divest from non-core positions across North America, and to invest for profitable growth, by deploying Shell's technology and capabilities on a large scale," said Peter Voser, Shell...
    on May 28, 2010 By: Peter Voser Source: Financial Times

  2. "Because I was getting questions, I just felt it was best to divest myself," Richardson said.
    on Jun 1, 2007 By: Bill Richardson Source: Washington Post

  3. "California has a long history of leadership and doing what's right with our investment portfolio," Schwarzenegger said. "Last year, I was proud to sign legislation to divest from the Sudan to take a powerful stand against genocide. I look...
    on Sep 24, 2007 By: Arnold Schwarzenegger Source: Forbes

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