| 单词 | split-off |
| 释义 | split-off /split"awf', -of'/, n. 1. the act of separating or splitting away from something else. 2. something that has split or has been split from something else. 3. Com. 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 in exchange for part of the stock of the latter. Cf. spin-off (def. 1), split-up (def. 3). [1855-60; n. use of v. phrase split off] |
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