ring-fence

British  

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

1. an agreement, contract, etc, in which the use of money is restricted to a particular purpose

Example Sentences

However, agreement to ring-fence the money from the overall budget for next year will exacerbate pressures in the executive's starting position for 2026/27.

From BBC

The EU wants a broader "metals alliance" with Washington to ring-fence their respective economies from Chinese overcapacity.

From Barron's

The governments said the framework delivers on commitments made in the 2014 Stormont House Agreement and pledged to ring-fence €25m to support victims' participation.

From BBC

Champion said she was pleased the government has committed to "taking forward" all 20 of Prof Jay's recommendations - but called for the government to ring-fence funding for each of them.

From BBC

He says he's managed to ring-fence some from another supplier and should have enough "for the next week or two".

From BBC