The Open Dictionary

spin something off

Related to word: spin

Phrasal Verb

Definition (business)

  1. to create a new entity by separating part of an existing business

    • The company decided to spin off its technology division to create a new entity.

    • The implementation of this policy will allow businesses to spin off certain operations into independent companies.

    • They plan to spin off the manufacturing segment and establish a new company next year.

Definition (result)

  1. to yield an advantageous and unforeseen outcome in addition to the primary objective

    • The launch of the new product spun off opportunities in other markets.

    • The manager was concerned that the success of this investment might spin off unexpected profits.

    • The project not only achieved its intended goal but also spun off additional revenues.