Return on equity and Ring fence: Difference between pages
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1. | |||
To legally separate particular assets or liabilities within a company or other organisation. | |||
For example, to shield particular assets from the claims of the creditors of the non-ring fenced part of the entity. | |||
2. | |||
[[Category: | The legal barrier created for this purpose. | ||
Sometimes written "ringfence". | |||
==Other links== | |||
[http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013] | |||
[[Category:Compliance_and_audit]] | |||
[[Category:Manage_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] |
Revision as of 06:45, 4 October 2013
1.
To legally separate particular assets or liabilities within a company or other organisation.
For example, to shield particular assets from the claims of the creditors of the non-ring fenced part of the entity.
2.
The legal barrier created for this purpose.
Sometimes written "ringfence".