Usually means: Company formed from parent organization.
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We found 11 dictionaries that define the word spinout:

General (9 matching dictionaries)
  1. spinout: Merriam-Webster
  2. spinout: American Heritage Dictionary of the English Language
  3. spinout: Collins English Dictionary
  4. Spinout, spinout: Wordnik
  5. spinout: Wiktionary
  6. spinout: Webster's New World College Dictionary, 4th Ed.
  7. spinout: Dictionary.com
  8. Spinout (album), Spinout (film), Spinout (song), Spinout (soundtrack), Spinout (video game), Spinout: Wikipedia, the Free Encyclopedia
  9. spinout: TheFreeDictionary.com

Slang (1 matching dictionary)
  1. spinout: Urban Dictionary

Tech (1 matching dictionary)
  1. AUTOMOTIVE TERMS (No longer online)

Definitions from Wiktionary (spinout)

noun:  (automotive) A skid that results in a vehicle rotating such that its longitudinal axis is no longer aligned with its direction of linear motion.
noun:  (business) The formation of a subsidiary company that continues the operations of part of the parent company; the company so formed.

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