Ring fence: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
(No difference)
|
Revision as of 14:20, 23 October 2012
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".