ring-fence Meaning in the Cambridge English Dictionary
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Meaning of “ring-fence” in the English Dictionary

"ring-fence" in British English

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ring-fenceverb [T]

UK
specialized finance & economics, business to make ​sure that a ​sum of ​money is ​protected and only used for a ​particularpurpose; to ​protect a ​particulararea of ​spending so that there is no ​reduction in the ​amountspent on it : Over £500 million was ring-fenced for ​improvements to the ​transportsystem. The ​following ring-fenced ​areasaccount for around 46 ​percent of ​totaldepartmentalspending.
(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]

uk   us   FINANCE
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)
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