Ring fence: Difference between revisions
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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. | 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". | Sometimes written "ringfence". | ||
==Other links== | |||
[http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013] | |||
Revision as of 13:57, 2 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".
