hive off hive off /haɪv ɔf/

verb

1. Withdraw (money) and move into a different location, often secretly and with dishonest intentions  ( divert , hive off )
   withdraw (money) and move into a different location, often secretly and with dishonest intentions
   
2. Remove from a group and make separate  ( hive off )
   remove from a group and make separate
    The unit was hived off from its parent company
   The unit was hived off from its parent company