split-off
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split–off — / split ˌȯf, ˌäf/ n: a transfer of corporate assets to a subsidiary involving the surrender of a part of the stock owned by the corporation s shareholders in exchange for controlling stock of the subsidiary: a D reorganization involving a… … Law dictionary
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… … Universalium
split-off — The process whereby a parent corporation organizes a subsidiary corporation to which it transfers part of its assets in exchange for all of the subsidiary s capital stock, which is subsequently transferred to the shareholders of the parent… … Law dictionary
split off — index break (separate) Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
split-off — ˈ ̷ ̷ˌ ̷ ̷ noun ( s) Etymology: split off : an act of splitting off or something that is split off from something else a succession of left wing split offs specifically : a transfer of a distinctive business constituting one of two or more… … Useful english dictionary
split off — transitive verb : to separate or remove by or as if by splitting split some kindling off from a log where only part of the assets of the corporation are split off into a new corporation U.S. Code split the carbon dioxide off … Useful english dictionary
split off — PHRASAL VERB If people split off from a group, they stop being part of the group and become separated from it. [V P from n] Somehow, Quentin split off from his comrades. [V P n] ...the Youth Wing which split off the National Liberal party earlier … English dictionary
split-off — When a corporation sets up and funds a new corporation and gives the shares of this new corporation to the old corporation s stockholders in exchange for some of their shares in the old company, this new company is a split off and the process is… … Black's law dictionary
Split-Off — A type of corporate reorganization whereby the stock of a subsidiary is exchanged for shares in a parent company. This is a somewhat rare situation. For example, Viacom announced a split off of its interest in Blockbuster in 2004 whereby Viacom… … Investment dictionary
split off (from something) — ˌsplit aˈway/ˈoff (from sth) | ˌsplit sthaˈway/ˈoff (from sth) derived to separate from, or to separate sth from, a larger object or group • A rebel faction has split away from the main group. • The storm split a branch off from the main trunk.… … Useful english dictionary
