English

Definition of ring fence noun from the Oxford Advanced Learner's Dictionary

     

    ring fence

     noun
    noun
    BrE
     
    ; NAmE
     
     
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  1. 1(finance) a form of protection that stops a sum of money from being spent on anything other than its intended purpose The government has promised to put a ring fence around funding for education.
  2. 2a form of protection that only allows particular people to use or know something, or only allows something to be used for a particular purpose He did not say when the merger would be completed or when the ring fence would be abolished.

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