Ring-fence (noun) Definition, Meaning & Examples

verb
  1. to assign (money, a grant, fund, etc) to one particular purpose, so as to restrict its use
  2. to oblige (a person or organization) to use money for a particular purpose
noun ring fence
  1. an agreement, contract, etc, in which the use of money is restricted to a particular purpose
Ring-fence (noun) Definition, Meaning & Examples

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