carveout

See also: carve out

English

Alternative forms

Etymology

Deverbal from carve out.

Noun

carveout (plural carveouts)

  1. (finance) The selling of a minority stake in a subsidiary by a parent company; a partial spinoff.
  2. (law) An exception to a legal provision.
    Hyponym: grandfathering
    • 2018, Jacob E. Gersen, Margot J. Pollans, Michael T. Roberts, Food Law and Policy, page 825:
      These laws create special exemptions for farms through statutory and regulatory carveouts.
    • 2025 March 28, Maya C. Miller, “Forgoing Oversight, Republicans Resort to Personal Appeals to Head Off DOGE Cuts”, in The New York Times‎[1], →ISSN:
      Instead, G.O.P. lawmakers have sent carefully worded letters to agency heads and privately lobbied their personal connections within the White House to make piecemeal carveouts for their preferred projects and programs.
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