Definition, Meaning & Synonyms
set-aside
noun
/ˈsɛt əˌsaɪd/
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Definition
A financial reserve or allowance that is kept separate for a specific purpose.
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Examples
- He has a set-aside for his education expenses.
- The government established a set-aside program for small businesses.
- She allocated a set-aside to fund her retirement savings.
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Meaning
To set apart or reserve something, often in terms of funds or resources, for a particular use or situation.
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Synonyms
- reservation
- allocation
- fund
- provision