[{"Bold_text": "noun", "List Items": ["Commerce.a process of reorganizing a corporate structure whereby the capital stock of a division or subsidiary of a corporation or of a newly affiliated company is transferred to the stockholders of the parent corporation without an exchange of any part of the stock of the latter.Compare carveout(def1) carveout(def1), split-off(def3) split-off(def3), split-up(def3) split-up(def3).", "any product that is an adaption, outgrowth, or development of another similar product:The paperback is a spin-off from the large hardcover encyclopedia.Synonyms: offshoot , issue , by-product", "a secondary or incidental product or effect derived from technological development in a somewhat unrelated area.Synonyms: offshoot , issue , by-product"]}]