Dictionary Home »
Dictionary Definitions » spinoff
spinoff
noun
- the divestiture by a corporation of some of its assets or operations, accomplished by distributing to its stockholders shares of a new company formed to assume control over the divested parts
- the divestiture of a subsidiary by distributing its shares in this way
- the new company or subsidiary so divested
- a secondary benefit, product, development, etc., as a television series built around a character, situation, etc. in another series
See spinoff in American Heritage Dictionary 4
Learn more about spinoff
link/cite print suggestion box