set-aside

[set-uh-sahyd]
noun
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 will not be grown, as part of a federal plan to decrease production in order to maintain or increase prices.
4.
a specified amount or percentage of an industry's production set aside, especially for government use: Ten percent of gasoline production is a set-aside for emergency use by the state.
5.
a government contract awarded, as to a minority-owned business, without competitive bidding.
adjective
6.
pertaining to or constituting a set-aside: set-aside provisions of the new law.

Origin:
1940–45; noun, adj. use of verb phrase set aside

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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WordNet
set-aside

adjective
reserved in advance [syn: booked
WordNet® 3.0, © 2006 by Princeton University.
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Example sentences
Then they learned their bucolic dirt road wouldn't count as part of the set-aside land.
Contracts with values in excess of these limits are not subject to set-aside under this program.
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