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to hive off
[phrase form: hive]
01
отделять, выделять
to separate a part of a business, organization, or group to create a new, independent entity
02
отмывать деньги, переводить незаконно
to take money from one place and move it somewhere else, often secretly dishonestly
hive off
v
Пример
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.
