This week we continue our vocabulary-building series, “The Closing Word.” Each week we provide a new word to help build your vocabulary and show you an example of how to use it.
This week’s closing word:
divest
Pronounced: (DIE-vest)
Verb:
1. take away possessions from someone
2. reduce or dispose of; cease to hold (an investment)
3. deprive of status or authority
4. remove (someone’s or one’s own) clothes
From Vocabulary.com: “Divest is sort of a fancy way to say “dispose of.” It’s often used in a business context to describe companies or governments that divest some of their holdings by selling them off. It can also be used in the sense of taking something away from someone. For example if your boss becomes insane and power mad, his handlers may divest him of his title, meaning his position is taken away from him.”
Example:
“If you hope to convert a FSBO lead into a listing, you must divest them of the notion they’re saving money by selling their home without a professional agent’s help.”
