Webster's Revised Unabridged Dictionary · 1913

Devest

Devest , transitive verb

[Latin devestire to undress; de + vestire to dress: compare Old French devestir, French dévêtir. Compare Divest.]

1.
To divest; to undress. — Shakespeare
2.
To take away, as an authority, title, etc., to deprive; to alienate, as an estate.

This word is now generally written divest, except in the legal sense.

Devest , intransitive verb

(Law) To be taken away, lost, or alienated, as a title or an estate.