A common term in finance, hive-off refers to the process of a large corporation dividing off a smaller portion to create a subsidiary. This can be done for various reasons, such as to focus on a specific business line or to raise funds. Essentially, it involves the division of assets and liabilities between the parent company and the newly formed subsidiary. This strategy can have significant implications for both the parent company and the subsidiary, and is often used as a strategic move in the corporate world.
