The Collaborative International Dictionary
Devest \De*vest"\, v. t. [imp. & p. p. Devested; p. pr. & vb. n. Devesting.] [L. devestire to undress; de + vestire to dress: cf. OF. devestir, F. d['e]v[^e]tir. Cf. Divest.]
To divest; to undress.
--Shak.-
To take away, as an authority, title, etc., to deprive; to alienate, as an estate.
Note: This word is now generally written divest, except in the legal sense.
Wiktionary
vb. (present participle of devest English)
Usage examples of "devesting".
Having gotten out while the getting was good (Enron’s top executives cashed in their chips for $177 million at the same time they were prohibiting lower-level employees from devesting their holdings), Kenneth Lay is building a sprawling mansion (his current home is the entire 33rd floor of a skyscraper) and plays an occasional round of golf at the River Oaks Country Club where membership costs $75,000.