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Ring fencing |
22.07.2013 09:36 |
Ring fencing 1) Term used in connection with financing (usually public financing) to mean that certain funds are reserved for a specific purpose (eg vehicle taxes being reserved for funding road building and repairs, or speeding fines being reserved to fund more enforcement, rather than going into a general fund). See Hypothecation. Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.207 (288 p.) Последние похожие материалы:
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