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spinout

spinout

1 7.2
A new company formed when part of an existing business becomes independent
  • noun
  • /ˈspɪnˌaʊt/
  • Jargon
translation icon : spin-off
  • The university's new business incubator has already produced several successful spinouts that are making waves in the tech industry.

Examples

  • The Redmond, Wash.-based company is the second spinout for Intellectual Ventures, preceded by TerraPower, which aims to build a new kind of nuclear reactor.

    Blog text (16)
  • Meenan's presentation to more than a dozen inside a modern, ground-floor UMB building with big glass windows looking out on busy Baltimore Street, as students, researchers, and construction workers hustled by, was the first in a proposed series called Startups and Spinouts Collaboration Series.

    Blog text (34)
  • Loughborough University will work with the Olympic Legacy Company to develop plans for an Institute of Sport for Health in the Olympic Park, which will bring together business and sports science and help to create new spinout companies in this field.

    Blog text (31)
  • This trend has had the effect of causing large company or divisional spinout transactions to rise in price, a direct "trickle down" effect of the public markets' rising multiples over the past five years.

    Academic text (1999)
  • I've pretty much run through drilling all the escapes from Jiu Jitsu University and Blue Belt Requirements that I think will work for me and cut out the ones that won't, which is pretty much only Roy Dean's spinout.

    Blog text (18)
  • Kymeta is a spinout from Intellectual Ventures, the Nathan Myhrvold-run company best known for its irksome strategy of amassing patents and then looking to collect from companies whose products make use of the patents.

    Blog text (16)
  • After years of research, the team successfully launched a spinout focused on renewable energy solutions.

  • The latest spinout from the pharmaceutical company specializes in developing innovative treatments for rare diseases.

Synonyms

breakaway
vsspinout
22 4.7

An act of leaving a group to be independent or a sudden move ahead in a race

refers to the new independent organization produced by that separation
spin-off
vsspinout
12 3.7

A new company, product, or show created from an existing one

limits sense to new independent companies rather than products or shows

Antonyms

189 3.9

Joining two or more companies to become one

How Independent

independent
360 2.8
standalone
6 4.1
spinout
  • Jargon
1 7.2
subsidiary
  • Specialized
64 5.9
division
358 3.2

Surface Forms

spinout singular
spinouts plural

Morphology

spinout = spin (semi-transparent) = out + spin

The noun is a closed compound built from the phrasal base 'spin out', but the business sense is a specialized metaphorical extension rather than a fully literal combination. [Postprocessing: moved 'out' from base_words to prefix]

Etymology

Spinout comes from the parts spin ('turn') and out ('away'). Imagine a part of a company being 'spun out' from its parent to become its own firm, so a spinout is a new independent company made from an existing one.