ringfence means A fence which encircles a large area, or a whole estate, within one enclosure.
Etymology
From ring + fence.
noun
- A fence which encircles a large area, or a whole estate, within one enclosure.
verb
- 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.
- To require workers to remain in (particular types of work), as during wartime.“As on the docks, a wartime Essential Work Order gave the miners a minimum weekly wage and 'ring-fenced' employment in the industry. This constraint was not removed until 1950.”