The most common and most likely answer to this crossword clue is the 7 letter word SPINOUT
I've seen this crossword clue in Independent
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Buddy explains!

The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does SPINOUT mean?
SPINOUT noun- A skid that results in a car rotating so as not to be oriented in the direction of linear motion.
- The formation of a subsidiary company that continues the operations of part of the parent company; the company so formed.