spin-off vs. split-off
noun
-
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.
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any product that is an adaption, outgrowth, or development of another similar product.
The paperback is a spin-off from the large hardcover encyclopedia.
- Synonyms:
- offshoot, issue, by-product
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a secondary or incidental product or effect derived from technological development in a somewhat unrelated area.
- Synonyms:
- offshoot, issue, by-product
noun
-
the act of separating or splitting away from something else.
-
something that has split or has been split from something else.
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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 in exchange for part of the stock of the latter.
