What is Bifurcation?

Bifurcation is a process of dividing something into two independent branches or separate units. 

This term can be used in relation to diverse concepts and disciplines. For instance, bifurcation can occur in the context of a family, finance, organization, fashion, building, and many others. 

As used in different contexts and fields of study, there are some core terms associated with bifurcation, these are; splitting, dividing, breaking, separating and disjointing.