doff

\DOF\, transitive verb:

1. To take off, as an article of clothing.
2. To tip or remove (one's hat).
3. To put aside; to rid oneself of.

“TODAY I PLAN TO PATENT MY INVENTION: THE SELF-DOFFING SOCK.” – Anon.

“Push the button when the fat man doffs his hat.  Not a second sooner.”

“Allow me to doff this purple raincoat and these pink polka-dotted galoshes so I may tell you about some of the little-known benefits of investing in a Roth 401k.”