spin out = prolong or extend
spin out refers to a type of spin off where a company "splits off" sections of itself as a separate business.
The common definition of spin out is when a division of a company or organization becomes an independent business. The "spin out" company takes assets, intellectual property, technology, and /or existing products from the parents organization.
outplacement = the process of facilitating a terminated employee's search for a new job by provision of professional services, such as counseling, paid for by the former employer.
flooring = material, such as lumber or tile, used in making floors
enterprise = a business organization
Student or Learner