carveout

Main Entry:  carveout1
Part of Speech:  n
Definition:  an entity which is broken off or spun off from a larger entity, esp. a company; also the process of separating the entity from the larger one; also written carve-out, also called equity carveout
Dictionary.com's 21st Century Lexicon
Main Entry:  carveout2
Part of Speech:  n
Definition:  a class of medical treatments, esp. for catastrophic and mental health care, handled separately by insurance coverage
Usage:  carveout adj
Dictionary.com's 21st Century Lexicon
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