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Found 2 definitions

  1.                 From The Collaborative International Dictionary of English v.0.48:
                    

    Invest \In*vest"\, v. t. [imp. & p. p. Invested; p. pr. & vb. n. Investing.] [L. investire, investitum; pref. in- in + vestire to clothe, fr. vestis clothing: cf. F. investir. See Vest.] [1913 Webster] 1. To put garments on; to clothe; to dress; to array; -- opposed to divest. Usually followed by with, sometimes by in; as, to invest one with a robe. [1913 Webster]

    2. To put on. [Obs.] [1913 Webster]

    Can not find one this girdle to invest. --Spenser. [1913 Webster]

    3. To clothe, as with office or authority; to place in possession of rank, dignity, or estate; to endow; to adorn; to grace; to bedeck; as, to invest with honor or glory; to invest with an estate. [1913 Webster]

    I do invest you jointly with my power. --Shak. [1913 Webster]

    4. To surround, accompany, or attend. [1913 Webster]

    Awe such as must always invest the spectacle of the guilt. --Hawthorne. [1913 Webster]

    5. To confer; to give. [R.] [1913 Webster]

    It investeth a right of government. --Bacon. [1913 Webster]

    6. (Mil.) To inclose; to surround or hem in with troops, so as to intercept reinforcements of men and provisions and prevent escape; to lay siege to; as, to invest a town. [1913 Webster]

    7. To lay out (money or capital) in business with the view of obtaining an income or profit; as, to invest money in bank stock. [1913 Webster]

    8. Hence: To expend (time, money, or other resources) with a view to obtaining some benefit of value in excess of that expended, or to achieve a useful pupose; as, to invest a lot of time in teaching one's children. [PJC]

  2.                 From The Collaborative International Dictionary of English v.0.48:
                    

    Invest \In*vest"\, v. i. To make an investment; as, to invest in stocks; -- usually followed by in. [1913 Webster]