Carveout

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    The selling of a minority stake in a subsidiary by a parent company; a partial spinoff.
  2. 2
    An exception to a legal provision.

    "These laws create special exemptions for farms through statutory and regulatory carveouts."

Example

More examples

"These laws create special exemptions for farms through statutory and regulatory carveouts."

Etymology

Deverbal from carve out.

Related phrases

parent company

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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.