What does divi mean?
The term divi refers to a dividend or distribution of profits, particularly in the context of cooperatives or societies. It represents a share of the organization's earnings allocated to its members based on their participation or investment. This concept is especially prevalent in British English, where members of cooperative businesses or societies receive a divi as a reward for their involvement. The divi serves as a way to distribute surplus funds back to members, promoting a sense of community and shared success. Understanding the divi is essential for navigating the financial and operational dynamics of cooperative enterprises.
noun, informalA dividend, especially one paid to a member of a cooperative or society.
- A payment made to a member of a cooperative or society based on their participation or investment.
- A share of profits distributed to members or shareholders.
"The worker received a generous divi at the end of the year."
"The cooperative's divi was higher than expected this year."
"Members receive a divi based on the company's annual profits."
The plural form is used when referring to multiple dividend payments or distributions.
"The company paid out several divis to its members over the course of the year."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.
Etymology of divi
The word divi is derived from dividend, which originates from the Latin 'dividere,' meaning 'to divide.' Historically, the term has been used in British English to refer to the distribution of profits to members of cooperatives or societies. Over time, divi has become a colloquial or informal term, particularly in regional dialects.
Usage notes
Informal or regional usage, commonly used in British English.