spinoff
Meanings
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noun
A new company formed from an existing one, usually following a merger or acquisition.
- "The new technology company was a spinoff from a larger telecommunications firm."
- "The pharmaceutical spinoff focused on developing new drugs."
Synonyms
derivate , descendant , hive-off
Rhymes
Words rhyming with spinoffspin , gin , win
Variants
List of all variants of spinoff that leads to same resultspin-off , spin-offs , spin off , spinning off , spins off , spun off
Etymology
origin and the way in which meanings have changed throughout history.From the verb 'spin off', meaning to separate or detach.
Trivia
Any details, considerations, events or pieces of information regarding the word-
The term 'spinoff' was first used in the business world in the 1950s.
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One of the most famous spinoffs in history is Google, which was a spinoff from Alphabet Inc.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
Merger: A merger is a business combination in which two or more companies are merged to form a new company.
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Acquisition: An acquisition is the process of one company buying another company.
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.Spinoffs have been a common occurrence in business and industry, particularly in the technology and pharmaceutical sectors. They allow companies to focus on specific areas of expertise and can lead to new innovations and growth.
How to Memorize "spinoff"
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visualize
- Visualize a company being separated from a larger company like a ball spinning off from a larger ball.
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associate
- Associate the word with the idea of a new business being formed from an existing one.
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mnemonics
- Use the mnemonic 'Separate and Grow' to remember that a spinoff is a separate company that grows from an existing one.
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Highlighting:
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