Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• SPIN OFF
  
  the separation of a subsidiary or division of a corporation from its parent by making it a new corporate entity and by issuing shares in the new entity. Shareholders in the parent receive shares in the new entity in proportion to their original holding and the total value remains approximately the same.
  
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