Hive off
volume
British pronunciation/hˈaɪv ˈɒf/
American pronunciation/hˈaɪv ˈɔf/

Definitie & Betekenis van "hive off"

to hive off
[phrase form: hive]
01

onttrekken

to separate a part of a business, organization, or group to create a new, independent entity
to hive off definition and meaning
02

onttrekken

to take money from one place and move it somewhere else, often secretly dishonestly
example
Voorbeeld
examples
The company decided to hive off its software division into a separate subsidiary.
The university is considering whether to hive off the engineering department as its own college.
They plan to hive off the less profitable branch and focus on core operations.
The decision to hive off the underperforming stores helped the retail chain streamline its operations.
The financial scandal involved executives hiving off profits through complex financial schemes.
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