division - definition in the Business English Dictionary - Cambridge Dictionaries Online

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division

noun
 
 
/dɪˈvɪʒən/
[C] WORKPLACE one of the main separate parts that a company, or group of companies, is divided into: The year-on-year profit figure for the division fell by 36%. investment/services/international division Private Bank is a division of the Bank of Boston that invests for wealthy individuals.
[U] the process of dividing or sharing something between different people or groups: The board will oversee the fair division of the assets.
[U] the process of dividing one number by another: The ratio is obtained by the division of current assets by current liabilities.
(Definition of division from the Cambridge Business English Dictionary © Cambridge University Press)
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