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English definition of “hive sth off”

hive sth off

UK
verb uk phrasal verb with hive   /haɪv/ us  
to separate one part of a company, usually by selling it: The plan is to hive off individual companies as soon as they are profitable.Mergers and takeoversSeparating and dividing
(Definition of hive sth off from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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