Spin

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Spin

To attempt to present a situation in the best possible light. For example, a political operative may attempt to spin a situation in which a candidate who took a bribe by saying it was a gift or donation. The term is somewhat derogatory, but is common in business as well as politics. See also: Jawboning.
References in periodicals archive ?
Spinning off Nabisco would not constitute a fraudulent conveyance because (1) Holdings is not liable as tobacco tortfeasor for tobacco-related claims; (2) there is no basis to pierce the corporate veil between Reynolds and Holdings; and (3) Reynolds was not insolvent in the past when it upstreamed capital.
Ownership changes could include spinning off the unit to shareholders or selling a stake to the public in a share offering, Roby said.
45 per common share) related to the cost of spinning off its corn refining operations.