Spin

(redirected from spinning off)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Suppliers' Successful Case collaboration Spin-off 1 Collaboration with Yes suppliers with whom they have a long-term relationship 2 Not applicable yet Ongoing because they are still exploring customer needs through pilot customers and internal use and are in the process of spinning off 3 Spin-off selling Yes complete plan & aerial services collaborating with suppliers to offer more services that are specialized such as radon measurement 4 Daily operational Yes collaboration 5 Did not work in No a collaborative manner.
(1996): "Policies and Structures for Spinning off New Companies from Research and Development Organizations", R&D Management, 26 (1), 17-48.
For the original company, perhaps the principal benefit of spinning off a troubled or risk-ridden operation is that the market value of the presumably profitable remaining businesses may be enhanced by the elimination of risk-ridden or under-performing assets.