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set-aside
[ set-uh-sahyd ]
noun
- something, as land or profits, set aside for a particular purpose.
- a tract of federal lands set aside as a wildlife refuge, oil exploration site, etc.
- a tract of farmland on which commercial crops or a specific crop will not be grown, as part of a federal plan to decrease production in order to maintain or increase prices.
- a specified amount or percentage of an industry's production set aside, especially for government use:
Ten percent of gasoline production is a set-aside for emergency use by the state.
- a government contract awarded, as to a minority-owned business, without competitive bidding.
adjective
- pertaining to or constituting a set-aside:
set-aside provisions of the new law.
set aside
verb
- to reserve for a special purpose; put to one side
- to discard, dismiss, or quash
noun
- (in the European Union) a scheme in which a proportion of farmland is taken out of production in order to reduce surpluses or maintain or increase prices of a specific crop
- ( as modifier )
set-aside land
Word History and Origins
Origin of set-aside1
Example Sentences
Following the judges decision in his - and two other car buyers' - favour, banks have set aside millions of pounds for potential compensation.
The car finance industry is setting aside huge amounts of money to settle similar possible claims in the future.
The government has confirmed it has set aside £11.8bn to compensate victims of the infected blood scandal.
Add chicken broth to liquor to make 5 cups total of liquid, and set aside.
“This opportunity will not last forever,” Davenport warned, adding that the county could finance the purchase, in part, from money set aside for capital projects.
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