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Ring Fencing
(redirected from ring-fencing)

   Also found in: Dictionary/thesaurus, Financial 0.01 sec.
Ring Fencing
The British government's practice of limiting the monies it gives organisations (such as local strategic health authorities and hospitals) to designated purposes


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Now, she is U-turning on ring-fencing in local government.
A well drafted ring-fencing deed will normally ensure that all but the most determined purchaser will access the funds in the SSAS for either personal or business use.
Let us not forget that the purpose of the Bill is for Merseytravel to remove the current ring-fencing of toll income, scrap the principle of debt repayment and eliminate forever the (now very real) prospect of reducing tolls.
 
 
 
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