Apr 20, 2015 17:21
9 yrs ago
English term

to ring-fence

English to Serbo-Croat Social Sciences Economics
National regulators increasingly demand that global banks ring-fence their local operations, limiting their ability to shift capital around the world.

Proposed translations

1 day 4 hrs
English term (edited): ring-fence their local operations
Selected

da se [banke] ograniče na lokalno poslovanje s lokalnim sredstvima

tj, da svaka lokalna banka koristi lokalna sredstva [pretežno] za lokalno poslovanje (= limiting their ability to shift capital around the world.)
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Note added at 15 hrs (2015-04-21 08:29:02 GMT)
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http://www.thefreedictionary.com/ring-fence

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Note added at 15 hrs (2015-04-21 08:29:56 GMT)
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ring-fence
vb
1. (Banking & Finance) to assign (money, a grant, fund, etc) to one particular purpose, so as to restrict its use: to ring-fence a financial allowance.
2. (Banking & Finance) to oblige (a person or organization) to use money for a particular purpose: to ring-fence a local authority.
n
3. (Banking & Finance) an agreement, contract, etc, in which the use of money is restricted to a particular purpo
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