ring-fencing Definition
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ring-fence
noun
- 1. A fence that completely encircles an estate.
2. A complete barrier.
3. The compulsory reservation of funds for use within a specific limited sector or department, eg of a government, company, etc.
- 1. To enclose (an estate) with a ring-fence.
2. To apply a ring-fence to (a sector or department of government or a company).
