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The word for today is…

divest (verb):

1a: to deprive or dispossess especially of property, authority, or title
b: to undress or strip especially of clothing, ornament, or equipment
c: rid, free
2: to take away from a person

Source : Merriam -Webster

Etymology : The vest in divest is a close relation of the kind found in wardrobes—its origin is Latin vestis meaning “clothing, garment.” (Vest has the same source and first appeared in English as a verb in the 15th century meaning “to put on garments or vestments.”) Divest today mostly appears in legal and business contexts about a formal removal or loss of something of value; assets that are divested are sold or given away; someone divested of a right officially loses that right. The word’s first late 16th century use, however, was more intimately related to its roots: divest was then used to mean “to undress or strip especially of clothing, ornament, or equipment.” But broader application of divest soon followed. In Shakespeare’s Henry V, the French King Charles is told via messenger that England’s King Henry “wills you, in the name of God Almighty, / That you divest yourself, and lay apart / … the crown / And all wide-stretched honours that pertain …”

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