How to pronounce“divest”in English
nouna pivotal type of scenario because if you think about it, the administration is going to want examples like this when they're convincing the other banks to
divest of these types of assets. And so forgroup to go out early and presumably
not push too hard by regulators is going to be a a good method for the government to say look another large firm is doing this and uh you should follow suit. Any
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Definitions of “divest”
To 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.”
To 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.”
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