Earmarked

To designate or set aside (funds or resources) for a specific purpose or recipient. It implies a clear intention to allocate something for a particular use, often with restrictions. This allocation can be formal or informal, depending on the context. Earmarking provides accountability and transparency, ensuring funds are used as intended. The term suggests a degree of commitment to the designated purpose.

Earmarked meaning with examples

• The city council earmarked $1 million for a new community center, ensuring that the funds could only be used for construction and related expenses, preventing their reallocation to other projects. This brought immense joy to local residents.
• The senator earmarked a portion of the federal budget to support research into renewable energy sources. This allocation was a significant boost for the green energy sector, helping to further reduce carbon emissions for generations.
• Following the disaster, humanitarian organizations earmarked aid supplies, clearly labeling them for distribution to the affected regions. This aided efficiency, preventing resources from being diverted and ensuring their arrival.
• The company’s CEO earmarked a substantial investment to the department of innovation, specifically to develop new technologies. This strategic allocation aimed to stay competitive, with significant advantages over competitors.
• Before starting, the couple earmarked specific savings for a down payment on a house. This financial discipline would allow them to purchase a home within the timeframe and budget, ultimately saving them a great deal of money.