Non-circulating
Describes something that is not designed to be repeatedly used, passed around, or readily accessed by multiple parties. This can apply to physical materials (like library books or documents), digital content, or even funds in an investment. The term emphasizes limited availability and a static nature, often highlighting restricted distribution or use for preservation, security, or proprietary reasons. The opposite of circulating suggests free and repeated access.
Non-circulating meaning with examples
- The library held a 'non-circulating' collection of rare manuscripts, available only for in-house viewing to protect them from damage and loss. Their unique historical importance prevented them from being loaned out, guaranteeing their preservation for future research. Instead, patrons could request to view a specific selection under supervised conditions within the special collections reading room to see the work first hand.
- Due to copyright restrictions, this online document is designated as 'non-circulating'; it can be viewed by paying subscribers only, prohibiting copying or distribution. This protects the intellectual property of the author and publisher. The strict control over the data prevents unauthorized usage of their product on other platforms without the correct licenses and consent. The terms must be agreed to before the document may be viewed.
- The company's internal reports are marked 'non-circulating' and stored on a secure server, accessible only to authorized personnel to protect sensitive financial data. This ensures confidentiality and prevents the spread of competitive advantage and strategic business plans. This policy prevents the reports being emailed or printed and kept under a strict data breach and data leak prevention protocol, which is enforced.
- A 'non-circulating' investment account means funds are locked up for a fixed term, prohibiting early withdrawals or transfers until maturity. This is advantageous for long-term growth but limits immediate access to capital. Although providing a great return, the funds were unavailable and could not be used without losing the interest gains, so was unsuitable for use by people requiring access to it.