  We find that the infrared excess around HD 233517, a first ascent red giant,
can be naturally explained if the star possesses an orbiting, flared dusty
disk. We estimate that the outer radius of this disk is 45 AU and that the
total mass within the disk is about 0.01 the mass of the Sun. We speculate that
this disk is the result of the engulfment of a low mass companion star that
occurred when HD 233517 became a red giant.
