A distribution of shares or money made by a corporation to its shareholders, representing a pro rata percentage of the company's earnings. n. divorce 1 The termination of a marriage by court order; the state of having terminated a marriage. 2 v. To terminate a marriage to someone by obtaining a court order, usually referred to as a divorce decree. divisible divorce. A proceeding in which the marriage is terminated but other issues pertaining to alimony, distribution of assets, or custody of c...