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    #1

    Spin Off

    Hi

    Could someone please tell me what is the meaning of spin off in this sentence
    "Fiat Chrysler Shares Explode After Company Announces Plan To Spin Off Ferrari"

    I think,it means detach,dosent it?

    THANK YOU


  1. BobK's Avatar
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    #2

    Re: Spin Off

    Detach and sell (that is, it's not just organizational detachment).

    b

    PS
    Note for learners, and for slow-witted people like me who found the headline nonsensical at first - 'shares' is a noun, not a verb, and what exploded was the price of the shares (not the shares themselves!)
    Last edited by emsr2d2; 29-Oct-2014 at 19:33. Reason: tiny typo

  2. Jill Dorchester's Avatar
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    #3

    Re: Spin Off

    "Spin off" in this case means to sell a separate line of vehicles that are in some way connected to Ferrari. For example, the TV show The Jeffersons was a spinoff of All in the Family. George and Louise Jefferson were popular characters on All in the Family, so the producers created a show that featured them and also added additional characters.

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