Ringfenced vs Ringfences - What's the difference?
ringfenced | ringfences |
of funds, that may only be used for a previously specified purpose
(ringfence)
(ringfence)
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
