divest Look up divest at Dictionary.com
1563, from M.Fr. devester "strip of possessions," from O.Fr. desvestir, from des- "away" + vestir "to clothe." The fig. sense of "strip of possessions" is earliest in Eng.; reflexive sense of "to strip oneself of" is from 1605. Economic sense (implied in divestment) is from 1955.