ring-fencing
C1CEFR level
60/100Rarity: rare
TechnicalRegister
Legally isolating certain assets or operations so their risks cannot spill into the rest of the group.
Regulators insisted on ring-fencing the retail bank from the trading arm before they would sign off.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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