Carve outs意思

"Carve outs" is a term used in various contexts, but it generally refers to the act of creating a specific exception or exclusion from a broader rule, policy, or agreement. The term is often used in finance, law, and business.

In finance, carve outs can refer to the process of creating a separate entity or subsidiary from a larger company. This might be done for tax purposes, to isolate risk, or to focus on a specific line of business.

In law, carve outs are provisions in contracts or legislation that exempt certain activities or entities from the general application of the law. For example, a law that regulates financial transactions might include carve outs for certain types of transactions that are deemed to be low-risk or in the public interest.

In business, carve outs can refer to the process of divesting a part of a company that is not considered core to its business. This might involve selling off a division, a product line, or a subsidiary.

Overall, the concept of carve outs is about tailoring a general rule or agreement to accommodate specific needs or circumstances.