ring-fence

verb

1. to assign (money, a grant, fund, etc) to one particular purpose, so as to restrict its use

   to ring-fence a financial allowance

2. to oblige (a person or organization) to use money for a particular purpose

   to ring-fence a local authority

noun

1. an agreement, contract, etc, in which the use of money is restricted to a particular purpose

Example Sentences

The manifesto pledge to ring-fence funding for it is a response to the UK government's decision to redirect £150m from 10 integrated school projects into the £3.3bn pot promised by Westminster to help get Stormont working again after the DUP's two-year boycott.

From BBC

Dan Knowles, chief executive of Brain Tumour Research, said: "We are calling on the government to ring-fence £110 million of current and new funding to kick-start an increase in the national investment in brain tumour research to £35 million a year by 2028."

From BBC

They should ring-fence the business by immediately "separating themselves" from Mr Singhania, Ms Dalal said, adding that retaining a chairman accused of domestic abuse also raised broader questions about corporate culture within the organisation, which the board needed to address.

From BBC

It was the first government to ring-fence this sort of money for projects in places like Malawi.

From BBC

The couple have been backing Brain Tumour Research's campaign, which has been calling on the government to ring-fence £110m of current and new funding towards the national investment in research.

From BBC