noun a provision or exception in a contract or agreement that allows for certain terms to be excluded or separated from the rest of the document
In real estate, a carve-out can refer to a specific exception or exclusion in a property sale or lease agreement.
In finance, a carve-out refers to the process of separating a portion of a company's assets or business units to be sold or spun off as a separate entity.
In the technology industry, carve-outs may involve outsourcing specific functions or services to third-party vendors.
Carve-outs in healthcare can refer to the separation of certain medical services or departments for specialized management or funding purposes.
In legal contexts, carve-out clauses are provisions in contracts that exempt specific circumstances from the general terms and conditions.
Carve-outs are commonly used in mergers and acquisitions to streamline operations, divest non-core assets, or create value for shareholders.
In the publishing industry, a carve-out may refer to a specific section or chapter that is excerpted from a larger work for publication in a magazine or anthology.
In the field of psychology, a carve-out may refer to a specific therapeutic technique or intervention that is used in conjunction with other treatment modalities.
In finance, a carve-out may refer to a specific division or segment of a company that is separated from the main business for strategic or financial purposes, such as a spin-off or divestiture.
In HR, a carve-out may refer to a specific benefit or policy that is tailored for a particular group of employees, such as a carve-out plan for executives or a carve-out for part-time workers.
In law, a carve-out may refer to a specific exception or provision in a contract or agreement that exempts certain parties or conditions from the general terms.
In marketing, a carve-out may refer to a specific target audience or segment that is identified for a particular campaign or promotion, such as a carve-out for millennials or a carve-out for high-income consumers.