Spin-off meaning

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Space research often provides a spin-off for everyday technology.

noun
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By-product.
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A fictional work where the protagonist was introduced in a preceding work or at least shares the same equivalent setting, often in a different aspect.

"Frasier" was a spin-off from the sitcom "Cheers".

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The formation of a subsidiary company that continues the operations of part of the parent company; the company so formed.
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To create as a by-product or a secondary derived work.

A line of merchandise spun off from a TV series.

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Origin of spin-off