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spin-off

or spin·off

[spin-awf, -of]
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noun
  1. Commerce. a process of reorganizing a corporate structure whereby the capital stock of a division or subsidiary of a corporation or of a newly affiliated company is transferred to the stockholders of the parent corporation without an exchange of any part of the stock of the latter.Compare split-off(def 3), split-up(def 3).
  2. any product that is an adaption, outgrowth, or development of another similar product: The paperback is a spin-off from the large hardcover encyclopedia.
  3. a secondary or incidental product or effect derived from technological development in a somewhat unrelated area.
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Origin of spin-off

First recorded in 1945–50; noun use of verb phrase spin off

Synonyms

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2, 3. by-product, issue, offshoot.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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