spin off

spin-off, n.

1. A corporate divestiture in which a division of a corporation becomes an independent company and stock of the new company is distributed to the corporation’s shareholders. [Cases: Corporations 445. C.J.S. Corporations § 656.]

2. The company created by this divestiture. Cf. SPLIT-OFF F; SPLIT-UP.

---

词条贡献者

译者崇载，国际名校知识产权法专业，擅长翻译各种与知识产权相关的法律文件。