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hived off; hiving off; hives off
Definition of hive off
chiefly British : to break away from or as if from a group : become separate
chiefly British : to make separate: such as
a : to remove from a group
hive off the rookies for special training
b : to assign (assets, responsibilities, etc.) to another
c : spin off
Examples of hive off in a Sentence
Recent Examples on the Web Other drugmakers in recent years have hived off lower-margin segments to recapture heady sales growth from cancer drugs and others.
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Jared S. Hopkins, WSJ, "Merck to Spin Off Slow-Growth Products Into New Company," 5 Feb. 2020 Uber, which is trading well below the price at its initial public offering, seeks to hive off money-losing businesses to achieve its goal of being profitable -- before taxes, interest, depreciation and amortization -- by 2021.
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Edwin Chan, Bloomberg.com, "Uber Sells India Food Business to Zomato to Cut Losses," 29 Apr. 2020 Executives hope cutting 18,000 jobs, hiving off €288 billion in assets into a bad bank for winding down, and withdrawal from international investment banking will save the German lender.
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The Editorial Board, WSJ, "As the Deutsche Bank Turns," 8 July 2019 Zulus would be hived off to KawZulu, Tswana people to Bophuthatswana, Xhosa to Ciskei or the Transkei and so on.
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Sam Kiley, CNN, "Palestinians say Trump's deal is racist. But their leaders are bereft of ideas on how to fight it," 5 Feb. 2020 If Traton goes well, maybe other big VW brands could be hived off from the parent.
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Chris Bryant | Bloomberg, Washington Post, "Volkswagen’s $17 Billion Change of Direction," 17 June 2019 Would China accept hiving off a core part of one of its few globally powerful corporations?
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The Economist, "Huawei may sell its 5G technology to a Western buyer," 11 Sep. 2019 The removal of AB InBev’s Australian unit, in hiving off a slower-growing part of its Asia-Pacific empire, has made the latest IPO plan more attractive to investors who balked at the previous deal’s valuation.
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Julia Fioretti, Fortune, "AB InBev Pulled Off 2019’s Second Biggest IPO With Its $5 Billion Asian Unit Share Sale," 24 Sep. 2019 That hived off a slower-growing part of its operations, which may help attract investors who balked at Budweiser Brewing’s valuation last time around.
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Washington Post, "Hong Kong IPOs Rush to Beat the Clock," 16 Sep. 2019
See MoreThese example sentences are selected automatically from various online news sources to reflect current usage of the word 'hive off.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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Time Traveler for hive off
The first known use of hive off was circa 1856
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