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.
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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
The EPA's Clean Bus Program currently has only a five-year funding window for its $5 billion carveout, which ends in 2026.
From Salon • May 23, 2024
“That’s bogus,” Hogan, who lives nearby, said about the carveout.
From Seattle Times • Apr. 23, 2023
There is precedent for removing the carveout for confession in state mandated reporter laws.
From Washington Post • Mar. 17, 2023
A carveout in the lockdown protocol would also be put in place, allowing temporary use of the vehicle in case of emergency.
From Washington Times • Mar. 3, 2023
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.
