divvy
9.3
A share of a co-op's profits given to its members
- noun
- /ˈdɪvi/
- Archaic
:
dividendo
- Many farmers were pleased when they learned the divvy would help support their local community projects.
Examples
-
The cooperative announced that the divvy this year would be significantly larger than last year's payment.
-
All hands will soon be digging into a fat divvy.
-
After the annual meeting, the members each received their divvy from the cooperative's profits.
Synonyms
2
4.0
Extra shares given to shareholders instead of cash
is a member payout usually given in cash or general form
1
7.7
Paying out money from a fund
is a specific member payment rather than any general fund payment
How Large
Surface Forms
Etymology
Divvy for a dividend comes from the longer word dividend, which means a 'payment' to members, and was shortened into friendly speech. So a divvy is simply the 'share' you get from a co-op.