hive off


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hive

 (hīv)
n.
1.
a. A structure for housing domesticated honeybees.
b. A nest built by wild or feral bees.
c. A colony of bees living in such a structure or nest.
2. A place swarming with activity.
v. hived, hiv·ing, hives
v.tr.
1. To collect into a hive.
2. To store (honey) in a hive.
3. To store up; accumulate.
v.intr.
1. To enter and occupy a beehive.
2. To live with many others in close association.
Phrasal Verb:
hive off
To set apart from a group: hived off the department into another division.

[Middle English, from Old English hȳf.]

hive off

vb (adverb)
1. to transfer or be transferred from a larger group or unit
2. (Government, Politics & Diplomacy) (usually tr) to transfer (profitable activities of a nationalized industry) back to private ownership
ThesaurusAntonymsRelated WordsSynonymsLegend:
Verb1.hive off - remove from a group and make separate; "The unit was hived off from its parent company"
discriminate, single out, separate - treat differently on the basis of sex or race
2.hive off - withdraw (money) and move into a different location, often secretly and with dishonest intentions
draw off, take out, withdraw, draw - remove (a commodity) from (a supply source); "She drew $2,000 from the account"; "The doctors drew medical supplies from the hospital's emergency bank"

hive off

verb (Informal) sell (off), dispose of, put up for sale Klockner plans to hive off its loss-making steel business.
Translations

w>hive off

vt sep department, companyausgliedern; staffabbauen; workvergeben (→ to an +acc); the branch could be hived off into a separate companydie Filiale könnte als eigene Firma verselbstständigt werden
vi
(= branch out)sich absetzen
(inf, = slip away) → abschwirren (inf)
References in periodicals archive ?
Chebyuk has three settlement schemes hived off from the Mt Elgon forest so Kenya Forest Service is opposed to plans to hive off the forest.
The listed parent company for Max Life, KKR-backed Max Financial, would hive off the non-insurance business into Max India.
The Indian firm has been advised by investment banks to hive off its financial services and insurance businesses from BSE-listed Aditya Birla Nuvo.
Ofcom said forcing the industry giants to hive off their Openreach wholesale internet arm "would remove BT's underlying incentive to discriminate against competitors".
M2 EQUITYBITES-November 14, 2014-Graham Holdings to hive off cable unit
The central bank said it was removing Corporate Commercial Bank's (Corpbank) banking licence and would hive off its healthy activities into a separate bank, marking the first banking collapse since a 1996-1997 domestic financial crisis.
The racist regime in South Africa sought to hive off poor parts of the country that would, it hoped, become 'homelands' for black South Africans, This would turn black South Africans into foreigners.
The strategy review, described by chief executive Antony Jenkins as a "bold simplification" of Barclays, will also see it hive off its European retail banking business into a so-called "bad bank", comprising PS115 billion of "non-core" assets.
Italian airline Alitalia is considering creating a separate company to hive off its bad debts and appease Gulf-based suitor Etihad, Il Messaggero daily said on Saturday.
Meanwhile rival FirstGroup has rejected pressure from a big investor to hive off its US bus division.
Shares lifted by almost 1%, as it also announced a restructure that will hive off its UK central government work from other public sector business, as well as a beefed up board and new code of conduct.
The move follows the revival of TSB after another state-backed bank, Lloyds, was forced to hive off more than 600 of its branches.