Word of the Day - dividend

dividend

/ˈdɪvɪdɛnd/
noun
1 A sum of money paid regularly (typically annually) by a company to its shareholders out of its profits (or reserves).
1.1 A payment divided among a number of people, e.g. winners in a football pool or members of a cooperative.
1.2 An individual's share of a dividend.
1.3 dividends A benefit from an action or policy.
2 Mathematics - A number to be divided by another number.

Origin
Late 15th century (in the general sense ‘portion, share’): from Anglo-Norman French dividende, from Latin dividendum ‘something to be divided’, from the verb dividere (see divide).

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The federal government collects its share of all the dividends which the corporation distributes.