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noun \ˈset-ə-ˌsīd\

Simple Definition of set–aside

  • : something that is saved and used for a particular purpose; especially : a program that requires jobs, money, etc., to be saved for people who have not been given as much as others in the past

  • : a plan in the European Union in which farmers are paid not to grow a certain crop on a piece of land so that the price for that crop will not decrease too much

  • : a piece of land on which the crop is not grown

Source: Merriam-Webster's Learner's Dictionary

Full Definition of set–aside

  1. 1 :  something (as a portion of receipts or production) that is set aside for a specified purpose

  2. 2 :  a program requiring a percentage of opportunities (as for jobs or funding) to be reserved for an underrepresented group

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