Ring fence: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson m (Deletion of See also repair and correct insertion of ") |
||
| Line 4: | Line 4: | ||
Sometimes written "ringfence". | Sometimes written "ringfence". | ||
Revision as of 15:10, 6 April 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".
