The correct answer is (B) To sell off; to rid of, etc. To unclothe; to strip of clothing, to abandon, to deprive (of anything); to dispossess. To take away or alienate property.

Divest comes from Old French desvestir, Middle Latin divestire (to undress).

Examples of use:

• Before taking office, he divested himself of his other responsibilities.
• I now have divested myself of all shares in that corporation.