divvy n 1: short for dividend; especially one paid by a cooperative society
divvy \divvy\ (d[i^]v"v[y^]), n. [shortened from dividend.] a dividend, especially one paid by a cooperative society. [British] [WordNet 1.5]
divvy \div"vy\ (d[i^]v"v[y^]), v. t. & i. [shortened from divide.] divide up among a group; distribute; -- often followed by up; as, divvy up the proceeds; divvy up the loot. [Colloq.] [PJC]