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to produce something additional, often something not originally planned: The space program has spun off many new commercial technologies. To spin off something is also to form a separate company from parts of an existing company: The corporation will spin its maintenance department off as an independent business.
SPINOFF definition: 1. a product that develops from another more important product: 2. a television or other show…. Learn more.
Jun 16, 2024 · A spinoff is an independent company created when a parent company issues shares in an existing business or division to parent company shareholders. A parent company may form a spinoff when...
The meaning of SPIN-OFF is the distribution by a business to its stockholders of particular assets and especially of stock of another company; also : the new company created by such a distribution. How to use spin-off in a sentence.
to produce something additional, often something not originally planned: The space program has spun off many new commercial technologies.
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active.
A spin-off is an unexpected but useful or valuable result of an activity that was designed to achieve something else.
Aug 1, 2023 · A Spin-Off refers to when a parent company sells a specific business unit or division, i.e. a subsidiary, to effectively create a new standalone company. As part of the spin-off, the parent company’s existing shareholders are given shares in the new independent company.
Dec 12, 2022 · A spinoff is a type of corporate realignment involving the separation of a division to form a new independent corporation. The spinoff company takes with it the operations of the segment...
Oct 5, 2021 · A spinoff is when a company forms a new company out of a division, subsidiary, or other holdings. It may be important for investors to know about, and here’s why.
