Meaning SPIN-OFF: A company can create an independent company from an existing part of the company by selling or distributing new shares in the so-called spin-off
More terms such as Spin-off in Dictionary S.
- Definition Salary Reduction Plan:
- Examples A plan allowing employees to contribute pre-tax income to a tax-deferred retirement plan spin-off definition.
- Definition Split-Rate Tax System:
- Examples A tax system that taxes retained earnings at a higher rate than earnings that are distributed as dividends spin-off explain.
- Definition Supermajority:
- Examples Provision in a company's charter requiring a majority of, say, 80% of shareholders to approve certain changes, such as a merger spin-off what is.
- Definition Securities Investor Protection Corporation (SIPC):
- Examples A nonprofit corporation that insures customers' securities and cash held by member brokerage firms against the failure of those firms spin-off meaning.
- Definition Stock Jockey:
- Examples A stock broker who frequently buys and sells shares in a client's portfolios spin-off abbreviation.
