spin-off

noun
\ ˈspin-ˌȯf How to pronounce spin-off (audio) \

Definition of spin-off

 (Entry 1 of 2)

1 : the distribution by a business to its stockholders of particular assets and especially of stock of another company also : the new company created by such a distribution
2 : a collateral or derived product or effect : by-product also : a number of such products the spin-off from the space program
3 : something that is imitative or derivative of an earlier work, product, or establishment especially : a television show starring a character popular in a secondary role of an earlier show