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spin
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spin

In physics, the intrinsic angular momentum of a subatomic particle, nucleus, atom, or molecule, which continues to exist even when the particle comes to rest. A particle in a specific energy state has a particular spin, just as it has a particular electric charge and mass. According to quantum theory, this is restricted to discrete and indivisible values, specified by a spin quantum number. Because of its spin, a charged particle acts as a small magnet and is affected by magnetic fields.



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Ocwen Financial Corporation, West Palm Beach, Florida, formally announced in December plans to spin off its knowledge-based business process outsourcing operation, Ocwen Solutions, to Ocwen Financial shareholders.
A common way for a firm to refocus on its core business lines is to spin off its noncore divisions.
11 that it is canceling its previously announced plan to spin off its specialty chemicals and plastics business.
 
 
 
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