Collier's New Encyclopedia

A complete general encyclopedia of 1921 — the world as it was understood just after the Great War, from Aachen to Zwingli, across twelve volumes and six thousand pages.

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Dividend

in arithmetic, a number which has to be divided by another; thus, if we have to divide 20 by 4, 20 is the dividend, and 4 the divisor. In bankruptcy, the fractional part of the assets of a bankrupt which is paid to the creditor in proportion to the amount of the DIVING APPARATUS debt which he has proved against the estate of the debtor. In commerce, the sum periodically payable as interest on loans, debentures, etc., or that periodically distributed as profit on the capital railway or other company.

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