Is the word divest used in the meaning "strip" or "deprive"? This word is in the GRE high-frequency word list, and my workbook says that it means "strip or deprive". Also, Wiktionary has an article with the same meaning. But I've checked a couple of dictionaries (Cambridge and Collins) and I've failed to find this meaning of the word divest, only "to sell something, especially business, part of business or to stop taking part in a business activity".
In which meaning is the word "divest" usually used?