hive off

verb

1. to transfer or be transferred from a larger group or unit

2. (usually tr) to transfer (profitable activities of a nationalized industry) back to private ownership

Example Sentences

As CEO, he has undertaken a significant restructuring of the business—including hiving off its life and retirement business—and overseen a marked increase in profitability.

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In 2001, this was broken up, with separate departments for environment, food and rural affairs, and for transport, hived off.

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Dr Jash says he also told her that they may even have to perform an invasive surgery which would involve hiving off a part of her lung.

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Men spilled over each other, hiving off into small groups to drink.

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Failing to do so could risk Musk hiving off the A.I. work that had driven investor enthusiasm in the stock.

Read more on New York Times