Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,946,929 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Spin-Off

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

The situation that arises when a parent corporation organizes a subsidiary corporation, to which it transfers a portion of its assets in exchange for all of the subsidiary's capital stock, which is subsequently transferred to the parent corporation's shareholders.

When a spin-off occurs, the shareholders of the parent corporation are not required to surrender any of their parent corporation stock in exchange for the subsidiary's stock.

In the event that the distribution of stock to the parent corporation's shareholders amounts to a dividend, the distribution can be taxed pursuant to provisions of Income Tax statutes.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Legal browser?   Full browser?
 
Summary: As part of the Presidential Program that aims at improving the an economic growth namely in the investment and employability sector, 10 spin-off agreements were signed on Monday in Tunis between the Ministry of Industry, Energy and Small and Medium Enterprises and 10 public and private companies.
Tunisia: Ten Companies Sign Spin-Off Agreements by UMCI News (Potomac Falls, VA)
One easy way to hunt down these names is to browse the holdings in the Clear Spin-Off Index (CLRSO).
Easiest strategy to double your money in two months by Dr. George Huang, Growth Stock Wire / Stockhouse
But investors must scrutinize the spin-off terms to ensure the freed unit isn't saddled with excessive debt or other liabilities.
SCOOPING UP SPIN-OFFS by Aaron Pressman / BusinessWeek
 
 
 
Legal Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.