Meaning Earmarking funds to guarantee a specific project can go ahead.
Usage Worldwide.
Example
- The government is making major cuts in spending, but at least the hospital will stay open - medical funding is ring-fenced.
Pronunciation
Idiom
Ring fencing
What does "Ring fencing" mean?
Earmarking funds to guarantee a specific project can go ahead.
Ring fencing
Britain, early 20th century.