Words / H / Law

hive-down

noun/ˈhaɪvdaʊn/

C2CEFR level
90/100Rarity: very rare
TechnicalRegister

The transfer of a trade into a fresh subsidiary, often to prepare it for sale.

They executed a hive-down of the trading operations to leave the liabilities behind.

Topic: Legislation in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Legislation