spin·off or
spin-off (spĭn
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ôf
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, -
ŏf
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)
n.► ■ 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.
■ The new company formed by such a divestiture.
► Something, such as a product, that is derived from something larger and more or less unrelated; a byproduct.
► Something derived from an earlier work, such as a television show starring a character who had a popular minor role in another show.
[TahlilGaran] American Dictionary ▲