Ring fence: Difference between revisions
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imported>Doug Williamson m (Spacing 20/8/13) |
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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. | 2. The legal barrier created for this purpose. | ||
Sometimes written "ringfence". | Sometimes written "ringfence". | ||
Revision as of 14:14, 20 August 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".
