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 — 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 — 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 — Same as spin off … Ballentine's law dictionary
split off — verb To break apart, on ones own rather than as part of the group … Wiktionary
split off — (Roget s IV) v. Syn. separate, go one s own way, divide; see leave 1 … English dictionary for students
split off — divide; be divided … English contemporary dictionary