Define: Divest

UK Accounting Glossary

Definition: Divest



What is the dictionary definition of Divest?

Dictionary Definition


  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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Full Definition of Divest


To divest is to liquidate, or sell off, one’s investment in a company or government body. Many people who divest do so for political or ethical reasons, such as perceived government oppression of a minority population. Other reasons to divest are anti-trust violations, poor performance, or changes in a company’s leadership. Individuals, businesses, and government bodies may divest their holdings. For example, many businesses started to divest from South Africa in the 1980s in protest of that nation’s apartheid policies. When a person or company chooses to divest, it may be taking a very large risk with its money. A business may also divest one of its divisions if it is not performing well or working within the business’s overall plan.


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Page URL
https://payrollheaven.com/define/divest/
Modern Language Association (MLA):
Divest. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 25, 2020 https://payrollheaven.com/define/divest/.
Chicago Manual of Style (CMS):
Divest. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/divest/ (accessed: February 25, 2020).
American Psychological Association (APA):
Divest. PayrollHeaven.com. Retrieved February 25, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/divest/

Definition Sources


Definitions for Divest are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 9th February 2020.