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 ?
The record date for the spin out distribution, the details of the lease from HPT to New TA and pro forma financial information for HPT and New TA are expected to be included in SEC filings to be made in connection with the spin out.
This spin out is the second that Axys has completed since its January 1998 acquisition of Sequana Therapeutics, Inc.
Since 2014, 13 university spin outs have joined London Stock Exchanges markets raising 2.