spin-off


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spin·off

or spin-off  (spĭn′ôf′, -ŏf′)
n.
1.
a. 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.
b. 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.

spin′-off`

or spin′off`,



n.
1. a by-product of something preexisting, as a program of research or technological development.
2. a media product, as a television series, based on an idea or character in a preexisting product.
3. the transfer to corporate stockholders of the stock of a subsidiary or newly acquired company.
[1945–50]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.spin-off - a product made during the manufacture of something else
product, production - an artifact that has been created by someone or some process; "they improve their product every year"; "they export most of their agricultural production"
Translations

spin-off

[ˈspɪnɒf] N (Comm) (= product) → derivado m, producto m secundario; (= secondary effect) → consecuencia f indirecta; (= incidental benefit) → beneficio m incidental, beneficio m indirecto

spin-off

n (= side-product)Nebenprodukt nt; spin-off effectFolgewirkung f

spin-off

[ˈspɪnˌɒf] n (Tech, Industry) → applicazione f secondaria; (product) → prodotto secondario
this TV series is a spin-off from the famous film → questa serie televisiva è ispirata al famoso film
References in periodicals archive ?
14, 2015 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today announces a change in treatment of spin-off transactions in the S&P U.
A sponsored spin-off takes place when an equity stake in a subsidiary is sold to an outside investor before going public.
Previously, such so-called comfort rulings were available to resolve questions such as (i) whether a spin-off has an adequate corporate business purpose, (ii) whether a spin-off will be regarded as used principally as a device for the distribution of earnings and profits, and (iii) whether a spin-off and any prior or subsequent acquisition of stock in the Parent or the Spinco are part of a plan under section 355(e).
61) analyzes 35 spin-off organizations that arose from the Xerox Corporation.
Consequently, many taxpayers should obtain a letter ruling when contemplating a spin-off.
United Communications Group (ucg) has taken a big first step in the development of its second spin-off company in information technology (IT), American Petroleum Exchange, with the announcement due next week that through the Exchange UPS is accepting bids for 86 million gallons of fuel for its planes.
corporations have spun off foreign subsidiaries (Fortune Brands' spin-off of Gallaher is a notable exception), realigning multinational corporate structures has many benefits.
OTCBB:TTGL), a high-growth diversified holding company, reported that the Company's Board of Directors has authorized a definitive strategic plan to spin-off Titan's Printed Circuit Board ("Titan PCB") manufacturing business to its shareholders, creating a new, more strategic independent public entity.
A divisive distribution (Distribution) is a spin-off, split-off or split-up.
1) A number of related provisions and conforming amendments were adopted at the same time, the cumulative effect of which is to revise substantially the conditions for obtaining a tax-free separation -- whether as a spin-off, split-off, or split-up(2) -- of one corporation from another pursuant to section 355.
With the spin-off, Sears loses access to dividends from Allstate that are currently $260 million annually.