Русско-англо-русский юридический словарь

A spin-off may be a method for the parent to reduce agency costs and create tax shields or to enter a new industry while retaining a close relationship with the spun-off company. (Corporate Finance Institute)

For example, if the Spinoff allocation ratio is 1:10, a shareholder with 100 shares in the parent company would receive 10 shares of the new spun-off company. (Forbes)

A spin-off is a process that involves a company separating a part of its business to create a separate entity. The company then distributes the shares of the spun-off company among its shareholders. (Yahoo Finance)