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ring-fence

verb
1.
to assign (money, a grant, fund, etc) to one particular purpose, so as to restrict its use: to ring-fence a financial allowance
2.
to oblige (a person or organization) to use money for a particular purpose: to ring-fence a local authority
noun
3.
an agreement, contract, etc, in which the use of money is restricted to a particular purpose
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Examples from the Web for ring-fence
Historical Examples
  • In Scotland, everything worthy of being seen lies in a ring-fence.

    Nuts and Nutcrackers Charles James Lever
  • One's when they want to swallow a privilege, and the other's when they want to ring-fence their gains.

  • The admired excellence of this beautiful estate is that it lies in a ring-fence.

  • What a ring-fence of horror and contagion for all comers and goers to overpass!

    The Coming of the Friars Augustus Jessopp
  • You think everybody would be exiled inside his own ring-fence!

  • The first fact to note is the completeness of the ring-fence that shuts it in.

    Anthropology Robert Marett
  • There is only one country in the world with a ring-fence round it.

    Barlasch of the Guard H. S. Merriman
  • We took the path up the valley bottom, and across a grassy shoulder of the park to a small gate in the ring-fence.

    The Adventures of Harry Revel

    Sir Arthur Thomas Quiller-Couch
  • Have you not recently bought a farm near Val-Richer to complete your ring-fence?

  • "Marriage is a ring-fence round a pretty small patch, as a rule," she observed.

    Aliens William McFee

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