Usually means: Transferred ownership or rights away.
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We found 15 dictionaries that define the word divested:

General (13 matching dictionaries)
  1. divested: Merriam-Webster
  2. divested: Collins English Dictionary
  3. divested: Vocabulary.com
  4. Divested, divested: Wordnik
  5. divested: Cambridge Advanced Learner's Dictionary
  6. divested: Wiktionary
  7. Divested, divested: Dictionary.com
  8. divested: Cambridge Essential American English Dictionary
  9. Divested: Online Plain Text English Dictionary
  10. Divested: AllWords.com Multi-Lingual Dictionary
  11. divested: Webster's 1828 Dictionary
  12. divested: FreeDictionary.org
  13. divested: TheFreeDictionary.com

Business (2 matching dictionaries)
  1. divested: Merriam-Webster Legal Dictionary
  2. divested: Legal dictionary

(Note: See divest as well.)

Definitions from Wiktionary (divest)

verb:  (transitive) To strip, deprive, or dispossess (someone) of something (such as a right, passion, privilege, or prejudice).
verb:  (transitive, finance) To sell off or be rid of through sale, especially of a subsidiary.
verb:  (transitive, archaic) To undress.
▸ Also see divest


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