spinoff

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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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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spinoff

or spin-off
noun
Something derived from another:
The American Heritage® Roget's Thesaurus. Copyright © 2013, 2014 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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References in periodicals archive ?
(2016) university spinoffs have some specific characteristics: independence, small size, youth, high academic qualifications of their founders, a strong and systematic investment in R&D, a commitment to innovation and connection with knowledge production centers, such as universities, higher education institutions and R&D centers.
When companies separate a subsidiary, or a collection of assets, the newly independent entity is referred to as a corporate spinoff. Spinoffs are common in Canada; many well-known companies began as subsidiaries of other public companies.
Under the proposed regulations, spinoffs would not qualify for tax-free treatment where the nonbusiness assets of either Distributing or Controlled have a fair market value (FMV) that is too high in relation to the FMV of the corporation's business assets.
Academic entrepreneurship: University spinoffs and wealth creation.
Tony Thomas, who had been picked to lead the REIT, took over as CEO of Windstream, and the search for the spinoffs CEO is ongoing.
En una segunda aproximacion, a partir de un numero mas reducido de variables que presentan diferencias significativas entre los conglomerados identificados, y que consideramos especialmente representativas de las caracteristicas mas destacadas de los programas de apoyo a la creacion de spinoffs, tal como se muestra en la figura 1, se va a realizar una caracterizacion de los perfiles de los mismos.
However, not all corporate spinoffs are the result of opportunities exploited by incumbents.
NASA spinoffs also contribute to economic growth by generating billions of dollars in revenues and creating thousands of new jobs.
Woolridge, 1993, "Restructuring through Spinoffs: The Stock Market Evidence," Journal of Financial Economics 33,293-311.
In November 2003, IP2IPO made a further commitment to Oxford University spin-offs by setting aside 5 million [pounds sterling] ($9.16 million) for early-stage investments in spinoffs from outside the University's chemistry department.
As a matter of fact, of all the spinoffs that have risen from the ashes of retiring hit series, only two--"Frasier" and "Lou Grant"--were successful in their own right.