What is the meaning of Spinoff?

Spinoff is the creation of a new independent company from a existing company by the transfer of the assets of part of the company to a new corporation and the distribution of stock of that new corporation to stock holders of the old one.

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APABarry Goldsmith. (2010). spinoff. Retrieved September 20, 2026, from http://smartdefine.org/spinoff/definitions/1163911
ChicagoBarry Goldsmith. 2010. "spinoff" http://smartdefine.org/spinoff/definitions/1163911 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, spinoff, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/spinoff/definitions/1163911>.
MLABarry Goldsmith. "spinoff" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/spinoff/definitions/1163911>