set-aside Meaning in the Cambridge English Dictionary
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Meaning of “set-aside” in the English Dictionary

"set-aside" in British English

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set-asidenoun [U]

uk   us   /ˈset.ə.saɪd/ UK
the ​act of ​payingfarmers in ​order not to ​growcrops on ​areas of ​land, or ​land of this ​type
(Definition of set-aside from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"set-aside" in Business English

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uk   us   /ˈsetəsaɪd/
[C] US FINANCE, GOVERNMENT a ​part of an ​amount of ​governmentmoney that must be used to give ​work to ​businessesowned by women or minorities (= ​group who have a different race, ​culture, or religion to most other ​people): The ​federalgovernment has made ​available set-aside ​programs for ​smallcompanies.
[C] FINANCE an ​amount of ​moneykept for a ​specialpurpose: A £70m set-aside is ​included in a 48% ​rise in its ​provisions for ​bad and ​doubtfuldebts.
[U] GOVERNMENT, PRODUCTION a ​system in the ​European Union in which ​farmers are ​paid not to use ​part of their ​land in ​order to ​reduce the ​amount of a ​crop on the ​market or ​controlprices: The EU was being urged to halt set-aside in ​order to ​boostgrainproduction.
(Definition of set-aside from the Cambridge Business English Dictionary © Cambridge University Press)
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