Spinning off definition

Spinning off or “spinning out” shall mean the removal of the leading competitor from the track, to the inside, by applying sustained and deliberate pressure to the inner rear area of his vehicle. It should be noted that spinning off is a quick almost instantaneous action that allows the competitor executing the spin to proceed in the race without losing his place. When the attempt at spinning is not immediately successful the competitor attempting the spin shall back off;

Examples of Spinning off in a sentence

  • Spinning off this safe tranche insulates it against the distrust generated by the risky tranche.

  • Spinning off in the Taiwanese context meant ERSO trained personnel in the acquired foreign technology and then allowed these ERSO-trained engineers and ERSO equipment to leave ERSO’s control to become privately managed companies.3 However, given the political opposition to excessive expenses for high-technology promotion, these firms were not national champions flush with cheap capital provided by the state, but small firms built on the cheap.

  • Spinning off a company is just a step forward from such entrepreneurial tasks of academics.

  • Deliberated and passed the Proposal on Spinning off Shenzhen YAKO Automation Technology Co., Ltd.

  • Spinning off businesses from those that exceed the size cap would not be hard to do, and would democratize corporations and make them more manageable and resilient, and redistribute wealth equitably and painlessly.

  • Spinning off of a divisionIn case of an issuer formed out of a division of an existing company, the track record of distributable profits of the division spun-off shall be considered only if the requirements regarding financial statements as provided for partnership firms and LLPs are complied with.

  • Spinning off the Islamic banking unit was a daunting task for the management, especially the financial aspect.

  • Spinning off independent agency: The governance committee of the OST Commission is discussing the timing and need of the OST Office to become an independent agency.

  • Spinning off of E-Plus to TDH AG A spin-off of E-Plus to TDH AG is also not being considered.

  • Spinning off of fund management: through use of independent fund managers, either through competitive tender or an accreditation process (as with GODISA and Ntsika).

Related to Spinning off

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  • Backflow Prevention Assembly means any mechanical assembly installed at a water service line or at a plumbing fixture to prevent a backflow contamination event, provided that the mechanical assembly is appropriate for the identified contaminant at the cross connection and is an in-line field-testable assembly.

  • Ramp means an inclined plane or sloping passageway for mounting or descending from one level to another.

  • Account Opening Application Form means the application form/questionnaire completed by the Client in order to apply for the Company’s Services under this Agreement and a Client Account, via which form/questionnaire the Company will obtain amongst other things information for the Client’s identification and due diligence, his categorization and appropriateness or suitability (as applicable) in accordance with the Applicable Regulations.

  • Enclosure means the part enclosing the internal units and providing protection against any direct contact.