ringfence

Meanings

Noun

• A fence which encircles a large area, or a whole estate, within one enclosure.

Verb

• To guarantee the safety of funds or investment. In particular, to ensure some degree of distinction for monies, that may provide immunity against untoward financial claims.
• To specify that funds may only be used for a specific purpose, especially government funds.
• To require workers to remain in (particular types of work), as during wartime.

Origin

• ring + fence