ringfencing
n.— «Hoping to inoculate its unregulated businesses from the utility’s financial misery, PG&E split up its corporate family into distinct entities using a complicated technique known as “ringfencing.” The approach made it difficult to seize the assets of other PG&E subsidiaries to pay the bills of the destitute utility.» —“Federal appeals court revives $4.6 billion claim against PG&E” by Michael Liedtke in San Francisco Mercury News (San Jose, California) Jan. 10, 2006. (source: Double-Tongued Dictionary)
Further reading
The word filibuster has a long and colorful history, going back to the days when pirates roamed the high seas. Today it refers to hijacking a piece of legislation. Plus, the language of yoga teachers: When doing a guided meditation, you may hear...
An anadrome is a word that forms a whole new word when you spell it backwards. For example, the word “stressed” spelled backwards is “desserts.” Some people’s first names are anadromes. There’s the girl named Noel...