Definitions
There are 2 meanings of the phrase
Hive Off.
Hive Off - as a verb
Remove from a group and make separate
Example: "The unit was hived off from its parent company"
Withdraw (money) and move into a different location, often secretly and with dishonest intentions
Synonyms (Exact Relations)
divertExample Sentences
"They decided to hive off the struggling division of the company."
"The company plans to hive off its non-core assets to focus on its main business."
"The organization intends to hive off its research and development department."
"The government announced its plan to hive off certain public services to private companies."
"The CEO decided to hive off the underperforming branches in order to streamline the business."