A share, especially of loot. To divide.

- american underworld dictionary - 1950
A northern English slang term for a dividend card, as issued by the Co-op, a chain of food stores (short for Co-operative). Your divvy would get you money off the sort of essential goods sold by the Co-op, like bread and milk.

Also a term of abuse among school-children of the north, usually prefixed by "uuuuuuuhhhh" noises and cruel imitations of the mentally handicapped.

Eg: "Uuuuuuuuhhh, Tom dropped his lunch, divvy!"

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