ringfence
Definition from Wiktionary, the free dictionary
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English [edit]
Verb [edit]
ringfence (third-person singular simple present ringfences, present participle ringfencing, simple past and past participle ringfenced)
- (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.
- (transitive) to specify that funds may only be used for a specific purpose, especially government funds
Translations [edit]
to specify that funds may only be used for a specific purpose
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