Last modified on 24 August 2014, at 19:26

ringfence

EnglishEdit

EtymologyEdit

ring +‎ fence

NounEdit

ringfence (plural ringfences)

  1. A fence which encircles a large area, or a whole estate, within one enclosure.

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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