divest

verb

1. 1

   remove (someone's or one's own) clothes

   The nurse quickly undressed the accident victim

   She divested herself of her outdoor clothes

2. 2

   reduce or dispose of; cease to hold (an investment)

   The company decided to divest

   the board of trustees divested $20 million in real estate property

3. 3

   take away possessions from someone

   The Nazis stripped the Jews of all their assets

4. 4

   deprive of status or authority

   he was divested of his rights and his title

   They disinvested themselves of their rights