Divests

To deprive someone or something of power, rights, possessions, or status. It implies a formal or systematic removal, often involving legal or financial transactions. This action can be applied to individuals, organizations, or even abstract concepts like responsibility. The process often signifies a deliberate choice to relinquish control or ownership, leading to a change in the affected party's standing or influence. It also suggests a severing of ties or a reallocation of resources or authority. The context always implies a significant shift in the status quo and ownership.

Divests meaning with examples

• The company decided to divests its holdings in the fossil fuel industry, prioritizing sustainability and aligning its investments with its environmental goals. This decision followed increasing pressure from shareholders and consumer groups, ultimately reshaping their financial portfolio and future focus.
• Following the scandal, the board of directors voted to divests the CEO of his executive powers and responsibilities. This action was seen as a necessary measure to restore public trust and uphold the integrity of the organization, ultimately resulting in his resignation.
• The government announced plans to divests state-owned enterprises to private investors. The intent was to increase efficiency, attract foreign investment, and reduce government debt, leading to a reshaping of the national economy through widespread privatization.
• After years of fighting, the king, facing rebellion, was forced to divests his throne and crown, thereby ending his reign. He had no choice but to relinquish his sovereignty and abandon his kingdom, ensuring some semblance of peace within his lands.