a process of reorganizing a corporate structure whereby the capital stock of a division or subsidiary of a corporation
or of a newly affiliated company is transferred to the stockholders of the parent corporation without an exchange of any part of the stock of the latter. Compare split-off ( def 3 )
, split-up ( def 3 )
any product that is an adaption, outgrowth, or development of another similar product: The paperback is a spin-off from the large hardcover encyclopedia.
a secondary or incidental product or effect derived from technological development in a somewhat unrelated area.
1945–50; noun use of verb phrase spin off
2, 3. by-product, issue, offshoot.