Spin-off (noun) Definition, Meaning & Examples

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noun
  1. 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.
  2. any product that is an adaption, outgrowth, or development of another similar product:The paperback is a spin-off from the large hardcover encyclopedia.
  3. a secondary or incidental product or effect derived from technological development in a somewhat unrelated area.
verb
  1. to turn (a part of a business enterprise) into a separate company
noun spin-off
  1. any product or development derived incidentally from the application of existing knowledge or enterprise
  2. a book, film, or television series derived from a similar successful book, film, or television series
Spin-off (noun) Definition, Meaning & Examples

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