What is "hive off"

vb. 1 (context intransitive English) To separate from a larger group. 2 (context transitive English) To segregate; to remove from a parent entity.

1. v. remove from a group and make separate; "The unit was hived off from its parent company"

2. withdraw (money) and move into a different location, often secretly and with dishonest intentions [syn: divert]