ringfence

EnglishEdit

VerbEdit

ringfence (third-person singular simple present ringfences, present participle ringfencing, simple past and past participle ringfenced)

  1. (transitive) to guarantee the safety of funds or investment. In particular, to ensure some degree of distinction for monies, that may provide immunity against untoward financial claims.
  2. (transitive) to specify that funds may only be used for a specific purpose, especially government funds

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Last modified on 19 June 2013, at 01:51