Definition of "spin-off"
  1. Spin-off refers to an action where a company hands its corporate assets to a subsidiary. In exchange, the original company's shareholders receive all or the majority of the subsidiary's stock without the need to give up any of their own shares. This process can also refer to a specific type of corporate reorganization, where the organization shares out the stock of a different company amongst its shareholders
How to use "spin-off" in a sentence
  1. The organization is contemplating a spin-off of its software section into a different business unit.
  2. A spin-off will give the shareholders a chance to have direct ownership in the subsidiary.
  3. The parent company suggested a spin-off to transition the assets to the new corporation.

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