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 ?
Washington, February 14 ( ANI ): The 2012 edition of NASA's annual Spinoff publication captures a nation and world made better by advancements originally achieved for space technology.
Print copies of Spinoff 2009 are available on request by calling 301-286-0561.
Then there was "AfterMASH." Boasting three characters from the recently retired classic "MASH," CBS' fall 1983 spinoff "AfterMASH" was a sure thing.
Of course, it is not likely to be a completely blank slate; it is standard practice for some directors of the parent board to migrate to the spinoff's board, a practice that benefits both parent and spinoff.
Even more confusion arises because of the regulations under IRC 414(1), which offer as a safe harbor those assumptions that the PBGC uses as of the date of spinoff. The problem with this approach is that the assumptions historically have been quite conservative and don't recognize employee turnover.
The spinoff will be produced and executive produced by Emmy-winning director, Paris Barclay.
This ruling was interesting in that it considered what the IRS has long regarded as a shareholder business purpose: a spinoff that increases stock value.
The city has already assigned some properties close to the hospital for possible research facility spinoffs, including their new high-tech Innova business park.
Regan said the spinoff would remove some volatility from the bottom line in General Electric's GE Capital unit and would prevent GE Capital's earnings from becoming more than 45% to 50% of the parent company's earnings.
Directors have distinctive strategic and board composition decisions to make when involved with a spinoff
The IRS has issued revenue ruling 96-30 (an update of revenue ruling 75-406), which addresses the tax status of a transaction in which corporation D distributes the stock of corporation C (preferably as a tax-free spinoff), and shortly thereafter C's shareholders exchange their stock for the stock of unrelated corporation Y in a tax-free merger.
The "Grey's Anatomy" firefighter-themed spinoff is slowly coming into fruition as ABC cast five series regular to join "Rosewood" alum Jaina Lee Ortiz.
Alcon, the eye car division of Novartis (NVS), expects to pay a dividend to shareholders starting in 2020, following its planned spinoff from the Swiss drug company next year, the company said ahead of its first Capital Markets Day.