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Ring fenceIn lending terminology, when a specific company is made structurally bankrupt remote from the rest of the parent group. This may be applied for regulatory reasons (such as for UK electricity distribut [..]
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Ring fenceRing Fence is theoretical enclosure established by tax legislation around certain profits, losses, transactions or groups of transactions in order to isolate them for tax purposes.
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Ring fenceThe level of consolidation allowed for any fiscal terms is known as the 'ring fence'. This will normally be established at the field, licence or corporate level. This prevents costs from out [..]
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Ring fencea fiscal procedure whereby taxable profits from oil or gas production cannot be offset against other losses made by the company involved.
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