verb to protect or separate something by creating a barrier or restriction around it
In real estate, 'ringfencing' may refer to the practice of isolating a particular property or investment to limit potential risks or liabilities.
In finance, 'ringfencing' refers to the practice of separating certain assets or funds to protect them from being used for other purposes.
In legal contexts, 'ringfencing' can be used to describe the process of legally separating certain assets or entities for protection or regulatory compliance.
In IT, 'ringfencing' can involve setting up security measures to protect a specific system or network from external threats.
In the financial industry, 'ringfence' is used to refer to the practice of separating certain assets or liabilities from the rest of a company's operations to protect them in case of financial difficulties.
In the field of mental health, 'ringfence' may be used metaphorically to describe setting boundaries or limits in therapy sessions to ensure the safety and well-being of both the therapist and the client.
Accountants may use 'ringfence' to describe the process of segregating funds or assets for a specific purpose or to protect them from being used for other expenses.
Project managers may use 'ringfence' to refer to setting aside a portion of the project budget or resources for a specific task or phase to ensure its successful completion.