But without a ring-fenced budget it is hard to see how these projects can achieve their potential.
»ring-fenced money/funds
Financial and business terms. 2012.
ring-fence — ring fences, ring fencing, ring fenced VERB To ring fence a grant or fund means to put restrictions on it, so that it can only be used for a particular purpose. [BRIT] [V n] The Treasury has now agreed to ring fence the money to ensure that it… … English dictionary
ring-fence — UK US verb [T] FINANCE ► to protect an amount of money so that it can only be used for a particular purpose: ring fence sth for sth »€500 million will be ring fenced for improving roads. ring fence sth from sb »An attempt has been made to ring… … Financial and business terms
ring-fence — UK / US verb [transitive] Word forms ring fence : present tense I/you/we/they ring fence he/she/it ring fences present participle ring fencing past tense ring fenced past participle ring fenced British to make sure that money intended for a… … English dictionary
ring fence — / rɪŋ fens/ verb 1. to separate valuable assets or profitable businesses from others in a group which are unprofitable and may make the whole group collapse 2. to identify money from certain sources and only use it in certain areas ● The grant… … Dictionary of banking and finance
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