set-aside

 

noun

  • 1 [mass noun] the policy of taking land out of production to reduce crop surpluses: government subsidies could be an alternative to set-aside [as modifier]: grants for providing public access to set-aside land
  • land taken out of production under the set-aside policy: he has fifty acres of set-aside
  • 2US a government contract awarded without competition to a minority-owned business.
  • 3US a portion of funds reserved for a particular purpose.