To divide. Often used with up: divvied up the loot. (verb-transitive)
A share or portion.(noun)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Use "divvy" in a sentence
"I'm expecting a divvy from the Harpenden Building Society"
"We were pretty much crowded but were going to 'divvy' on the space."
"Brother John then turns in the order to the treasurer and gets twelve dollars for it, and then they 'divvy' on the thing."