carveout
Americannoun
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a process of reorganizing a corporation by creating a subsidiary and offering the public a minority of its stock, while the parent company remains in charge of the company; a partial spin-off.
-
exemption from a provision of the law.
Etymology
Origin of carveout
First recorded in 1965–70; noun use of verb phrase carve out
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Yet even this generous carveout was not broad enough for some religious groups.
From Slate ● Jun. 16, 2025
It’s a narrow carveout, and lifts once a public body has taken final action.
From Seattle Times ● Mar. 1, 2024
"That could be the ballgame," predicted New York University Law Prof. Ryan Goodman, adding that the carveout the judge gave Pence was "very narrow."
From Salon ● Mar. 28, 2023
But an affiliate known as Kraken Bank in 2020 secured the first charter under Wyoming’s carveout for crypto banks, pledging to provide clients “a seamless banking gateway” between digital assets and traditional currencies.
From Washington Post ● Jul. 3, 2022
School districts will be reimbursed for their expenses through a $5,595,000 carveout from the state’s school fund.
From Washington Times ● May 2, 2022
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
