off [phrasal verb] [M] - to produce (something unexpected or additional to that which is intended to be produced)The American space program has spun off new commercial technologies.Every new job that is created spins off three or four more in related fields.(esp. US and ANZ) To spin off something is also to form a separate company from parts of an existing company.The company is trying to spin off part of its business.
SPIN
Meaning of SPIN in English
Cambridge English vocab. Кембриджский английский словарь. 2012