Hypothecated tax

（重定向自Ring fence）

The hypothecation of a tax (also known as the ring fencing or ear marking of a tax) is the dedication of the revenue from a specific tax for a particular expenditure purpose. Hypothecation is the pledging of assets.

单词	Ring fence
释义	Ring fence 英语百科 Hypothecated tax （重定向自Ring fence） The hypothecation of a tax (also known as the ring fencing or ear marking of a tax) is the dedication of the revenue from a specific tax for a particular expenditure purpose. Hypothecation is the pledging of assets.
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