› [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.