Overview

ring-fence


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1. To allow one part of a company or group to go into receivership or bankruptcy without affecting the viability of the rest of the company or group. 2. To assign a sum of money to a particular purpose so that it does not become part of the general resources of an organization.

1. To allow one part of a company or group to go into receivership or bankruptcy without affecting the viability of the rest of the company or group. 2. To assign a sum of money to a particular purpose so that it does not become part of the general resources of an organization.

Subjects: Financial Institutions and Services — Accounting.


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