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| ring-fence |
transitive verb (past and past participle ring-fenced, present participle ring-fenc·ing, 3rd person present singular ring-fenc·es) |
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| Definition: |
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specify use of money: to specify that money be used for a specific purpose
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noun (plural ring-fenc·es) |
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| Definition: |
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1. agreement restricting use of money: an agreement in which money is reserved for a specific purpose
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2. fence enclosing area: a fence that encircles a large area or a whole estate within one enclosure
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