A percentage of a municipal or corporate bond underwriting that is allocated for handling by a minority-owned broker-dealer firm. Bloomberg Financial Dictionary
* * *set-aside ˈset-aˌside noun [countable] FINANCE1. an amount of money kept so that it can be used for a special purpose; = RESERVE:
• The bank is increasing its set-aside at the rate of roughly $50 million a quarter.2. an arrangement in which a local government helps small businesses to develop by making loans etc available to them:
• In 1976, Connecticut established one of the nation's first set-aside programs.
* * *set-aside UK US /ˈsetəsaɪd/ noun► [C] US FINANCE, GOVERNMENT a part of an amount of government money that must be used to give work to businesses owned by women or minorities (= group who have a different race, culture, or religion to most other people): »
The federal government has made available set-aside programs for small companies.► [C] FINANCE an amount of money kept for a special purpose: »
A £70m set-aside is included in a 48% rise in its provisions for bad and doubtful debts.► [U] GOVERNMENT, PRODUCTION a system in the European Union in which farmers are paid not to use part of their land in order to reduce the amount of a crop on the market or control prices: »
The EU was being urged to halt set-aside in order to boost grain production.
Financial and business terms. 2012.
Look at other dictionaries:
Set-aside — as a political measure was introduced by the European Union (EU) in 1988 to (i) help reduce the large and costly surpluses produced in Europe under the guaranteed price system of the Common Agricultural Policy; and (ii) to deliver some… … Wikipedia
set aside — vt 1: to disagree with and overturn (a decision or act of a lower tribunal) upon review: overrule vacate set aside the decree 2: to deprive of legal effect or force: annul void may set aside the contract … Law dictionary
set-aside — /set euh suyd /, n. 1. something, as land or profits, set aside for a particular purpose. 2. a tract of federal lands set aside as a wildlife refuge, oil exploration site, etc. 3. a tract of farmland on which commercial crops or a specific crop… … Universalium
set aside — Ⅰ. ► set aside 1) save or keep for a particular purpose. 2) annul (a legal decision or process). Main Entry: ↑set Ⅱ. ► set aside 1) temporarily remove (land) from agricultural production … English terms dictionary
set-aside — ☆ set aside [set′ə sīd΄ ] n. something set aside or reserved, as by the government, for a specific purpose, for the use or benefit of a particular group, etc … English World dictionary
set-aside — set a.side n [U and C] 1.) BrE an arrangement in the European Union in which a government pays farmers to leave some of their fields empty, in order to avoid producing too much of a crop and to keep the price higher 2.) an arrangement in the US… … Dictionary of contemporary English
set aside — /ˌset ə saɪd/ verb to decide not to apply a decision ● The arbitrator’s award was set aside on appeal … Dictionary of banking and finance
set-aside — n. Something, such as an amount of money that is reserved for some particular later use. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 … Law dictionary
set aside — verb 1. give or assign a resource to a particular person or cause (Freq. 6) I will earmark this money for your research She sets aside time for meditation every day • Syn: ↑allow, ↑appropriate, ↑earmark, ↑reserve … Useful english dictionary
set aside — phrasal verb [transitive] Word forms set aside : present tense I/you/we/they set aside he/she/it sets aside present participle setting aside past tense set aside past participle set aside 1) to keep or save something from a larger amount or… … English dictionary