Earmarking: Difference between revisions
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Revision as of 11:07, 16 November 2013
1. Pensions accounting.
The setting aside, at least notionally, of part of a pension fund for the benefit of a particular member, such as might be the case in a money purchase arrangement.
2. Law.
A court order directing the trustees of a pension scheme to make payments direct to a former spouse of a member; these generally form part of divorce settlements.
3. More generally, the notional setting aside of a part of any fund of assets for a specific purpose.
