spin off


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spin off

1. verb To create or derive something from a larger or original thing. A noun or pronoun can be used between "spin" and "off." I heard they're spinning another show off from the political drama that will focus on the two main journalists and their relationship.
2. verb For a company to separate from one of its divisions or holdings through sale, reorganization, or other means. A noun or pronoun can be used between "spin" and "off." Only two years after purchasing it, the company has decided to spin off its VR division.
3. noun Something created or derived from a larger or original thing. As a noun, the phrase is usually hyphenated. Because it has become much more popular than the original, not many people know that this series is actually a spin-off.
See also: off, spin

spin something off

 
1. Lit. [for something rotating] to release a part that flies away. The propeller spun one of its blades off and then fell apart all together. It spun off one of its blades.
2. Fig. [for a business] to divest itself of one of its subparts. The large company spun one of its smaller divisions off. It spun off a subsidiary and used the cash to pay down its debt.
3. Fig. [for an enterprise] to produce useful or profitable side effects or products. We will be able to spin off a number of additional products. The development of this product will allow us to spin off dozens of smaller, innovative products for years to come.
See also: off, spin

spin off

[for something] to part and fly away from something that is spinning; [for something] to detach or break loose from something. The blade of the lawn mower spun off, but fortunately no one was injured. The rusted-on nut spun off easily after I got it loosened.
See also: off, spin

spin off

Derive or produce from something else, especially a small part from a larger whole. For example, The corporation decided to spin off the automobile parts division, or Her column was spun off from her book on this subject. The expression transfers the throwing off by centrifugal force, as in spinning, to other enterprises. [Mid-1900s]
See also: off, spin

spin off

v.
To derive something, such as a company or product, from some source: The television network decided to spin a new show off from its popular comedy series. The media conglomerate spun off its entertainment division.
See also: off, spin
References in periodicals archive ?
The decision to spin off the unit had been in the pipeline for the past decade.
Inc (Nasdaq:YHOO) announced on Wednesday that its board of directors has unanimously decided to suspend work on the pending plan, announced in January 2015, to spin off the company's remaining holdings in Alibaba Group Holding Limited (NYSE: BABA).
Switzerland-based Credit Suisse (NYSE: CS) is to spin off two hedge funds.
Under the proposed spin-off announced in September 2014, JDSU will spin off its CCOP business, to be named Lumentum Holdings Inc.
Accordingly, on the distribution date each stockholder of record date will receive the earlier mentioned spin off distribution in book-entry form and not as physical share certificates, nor will any fractional shares be issued, the company added.
9 May 2014 - US Liberty Media Corp (NASDAQ:LMCA) said its board had cleared a plan to spin off its cable business into a new public company called Liberty Broadband through a tax-free distribution to shareholders of Liberty Broadband common shares and subscription rights to buy Liberty Broadband's common shares.
M2 EQUITYBITES-September 23, 2013-United Online provides update on tax-free spin off of FTD(C)2013 M2 COMMUNICATIONS http://www.m2.com
16 July 2013 - Telecom Italia SpA (BIT:TIT) said its board had decided to halt the implementation of the plan to spin off the fixed-line business until favourable regulatory conditions are in place.
M2 EQUITYBITES-June 13, 2013-Siemens to spin off Osram unit on 8 July(C)2013 M2 COMMUNICATIONS http://www.m2.com
M2 EQUITYBITES-May 23, 2013-Dover to spin off communication technologies business(C)2013 M2 COMMUNICATIONS http://www.m2.com
Elan announced plans to spin off Neotope Corporation plc in August, saying the move was already backed by its board.
The Form 10 filing is said to mark the next step in the potential spin off of Eagle and explains the potential spin off along with an overview of Eagle's business, management and ongoing relationship with American Airlines.
Se han realizado diferentes clasificaciones de las estrategias de apoyo a la creacion de spin offs desarrolladas por las universidades que, en general, presentan numerosos rasgos comunes (Clarysse et al., 2005; Davenport et al., 2002; Degroof y Roberts, 2004).