Meaning of “ring-fence” in the English Dictionary

"ring-fence" in British English

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ring-fenceverb [ T ]

also ring fence /ˈrɪŋˌfens/ /ˈrɪŋˌfens/ UK

ring-fencenoun [ C usually singular ]

also ring fence UK

specialized finance & economics, business something that protects a sum of money or area of spending so that it cannot be reduced or is kept separate from other amounts or areas:

The company established a ring-fence around losses dating from 2012.

(Definition of “ring-fence” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"ring-fence" in Business English

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ring-fenceverb [ T ]


to protect an amount of money so that it can only be used for a particular purpose:

ring-fence sth for sth €500 million will be ring-fenced for improving roads.
ring-fence sth from sb An attempt has been made to ring-fence pensions from creditors if a company goes bankrupt.

(Definition of “ring-fence” from the Cambridge Business English Dictionary © Cambridge University Press)