Meaning of “set sth aside” in the English Dictionary

"set sth aside" in British English

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set sth aside

phrasal verb with set uk /set/ us /set/ verb present participle setting, past tense and past participle set

(PURPOSE)

to save something, usually money or time, for a special purpose:

He had some money in an account that he'd set aside for his kids.

More examples

  • I set aside some of the soup for Jim to have later.
  • We set aside a few dollars a month to buy furniture.
  • Could you set aside half an hour this afternoon to talk about Emma?

(Definition of “set sth aside” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"set sth aside" in Business English

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set sth aside

phrasal verb with set uk /set/ us verb setting, set, set

FINANCE to save something, especially money, for a special purpose:

Businesses that create new jobs are eligible for a tax credit, for which the state currently sets aside $20 million.
The budget sets aside enough money to provide a 3.5% pay raise for the city's roughly 1,800 non-union employees.

LAW if a judge or court sets aside a previous decision or judgment, they state that it does not now have any legal effect, usually because they consider it to have been wrong:

The Court of Appeal set aside his conviction.

(Definition of “set sth aside” from the Cambridge Business English Dictionary © Cambridge University Press)