divest

Definition of "divest"
  1. The legal act of relinquishing ownership or interest in a piece of property
How to use "divest" in a sentence
  1. The law firm advised the businessman to divest his shares in the company due to a potential conflict of interest.
  2. The court ordered the man to divest his property as part of the settlement agreement.
  3. Before declaring bankruptcy, she had to divest all her assets to pay off outstanding debts.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z