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| spin·off [ spín àwf, spín òf ] (plural spin·offs) |
noun |
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1. derivative of something: a product, material, or service deriving from something that already exists
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2. corporate divestiture: a divestiture by a company of a division or subsidiary by the sale or distribution of shares of stock in a newly created independent company
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3. newly created company: a company created by a spin-off
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