spinout

/ˈspɪnaʊt/
noun
  1. A loss of control of a vehicle causing it to spin around, often on a slippery surface.
    • The car hit a patch of ice and went into a spinout.
    • The driver managed to avoid a spinout by slowing down on the wet road.
    • A sudden spinout on the racetrack ended the driver's chance of winning.
  2. A company or division that is separated from a larger organization to operate independently.
    • Many employees moved to the spinout to work on the new project.
    • The spinout raised millions in venture capital to develop its own products.
    • The tech giant announced a spinout of its cloud services division.
What does "spinout" mean? | whatsthatwordmean | whatsthatwordmean