hive off
hive
haɪv
haiv
off
ɔf
awf
British pronunciation
/hˈaɪv ˈɒf/

Definition & Meaning of "hive off"in English

to hive off
[phrase form: hive]
01

to separate a part of a business, organization, or group to create a new, independent entity

to hive off definition and meaning
example
Examples
The company decided to hive off its software division into a separate subsidiary.
02

to take money from one place and move it somewhere else, often secretly dishonestly

example
Examples
To cover up the financial irregularities, the manager tried to hive off the missing funds into various accounts.
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