spinout

/S P IH1 N AW0 T/
noun
  1. 1

    A skid that results in a car rotating so as not to be oriented in the direction of linear motion.

  2. 2

    The formation of a subsidiary company that continues the operations of part of the parent company; the company so formed.

Synonyms

spin-off

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Source: https://en.wiktionary.org/wiki/spinout

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