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spinoff - 4 dictionary results

spin-off

  [spin-awf, -of]
Use spinoff in a Sentence
–noun
1. Commerce. 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).
2. any product that is an adaption, outgrowth, or development of another similar product: The paperback is a spin-off from the large hardcover encyclopedia.
3. a secondary or incidental product or effect derived from technological development in a somewhat unrelated area.
Also, spinoff.

Origin:
1945–50; n. use of v. phrase spin off

Synonyms:
2, 3. by-product, issue, offshoot.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To spinoff
spin·off or spin-off   (spĭn'ôf', -ŏf')   
n.  
    1. A divestiture by a corporation of a division or subsidiary by issuing to stockholders shares in a new company set up to continue the operations of the division or subsidiary.
    2. The new company formed by such a divestiture.
  2. Something, such as a product, that is derived from something larger and more or less unrelated; a byproduct.
  3. Something derived from an earlier work, such as a television show starring a character who had a popular minor role in another show.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Spinoff

A new, independent company created through selling or distributing new shares for an existing part of another company.

Investopedia Commentary

Spinoffs may be done through a rights offering.

Related Links

What Are Corporate Actions?
The Basics of Mergers and Acquisitions

See also: Carveout, Rights Offering, Sum of Parts Valuation, Tracking Stock

Also spelled: spin-off

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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spinoff

The distribution to stockholders of the stock of a subsidiary held by a parent company. Usually the distribution is not taxable to the stockholders until the new shares have been sold. Compare splitoff. See also partial spinoff.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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