spin off


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spin (something) off

To create or derive something from a larger original thing. I heard they're spinning another show off from the political drama that will focus on the two main journalists and their relationship. Only two years after purchasing it, the company has decided to spin off its mobile phone division for sale to someone else.
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 SPIN OFF TRANSACTION DESCRIBED IN THIS PRESS RELEASE MAY BE DELAYED OR IT MAY NOT OCCUR.
Looking ahead, Bill and Matt think the spin off will successfully unlock the full value of the higher growth travel assets, and that the new company will command a higher multiple than the legacy IACI business, which will be more of a steady cash flow play.
NEW YORK -- GP Strategies Corporation (NYSE:GPX), a global provider of training, e-Learning solutions, management consulting, engineering, and simulation services, today announced that the Securities and Exchange Commission had declared effective National Patent Development's Form S-1 Registration Statement relating to the previously announced spin off of National Patent Development Corporation by GP Strategies.
Company management stated that the initiation, timing, and completion of the proposed spin off will be subject to market and other conditions, including receipt by the company of a favorable private letter ruling from the Internal Revenue Service as to the tax-free nature of the contemplated spin-off.
In addition, the Company must satisfy conditions before it can spin off PWPoly to its shareholders.
NEW YORK -- GP Strategies Corporation (NYSE:GPX), a global provider of training, e-Learning solutions, management consulting, engineering, and simulation services, today announced that the spin off of National Patent Development Corporation by GP Strategies did not take place on August 13, 2004 because the Securities and Exchange Commission has not yet cleared the required filings.
The plan to spin off eCom's ten wholly owned subsidiaries has been completed and the Company is now in the process of acquiring certain businesses for each spin-off.