ring-fenced Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “ring-fenced” in the English Dictionary

"ring-fenced" in Business English

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ring-fencedadjective

uk   us   FINANCE
protected and only able to be used for a particular purpose: But without a ring-fenced budget it is hard to see how these projects can achieve their potential. ring-fenced money/funds
(Definition of ring-fenced from the Cambridge Business English Dictionary © Cambridge University Press)
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