Meaning of set-aside
Pronunciation: (set'u-sīd"), [key]
- something, as land or profits, set aside for a particular purpose.
- a tract of federal lands set aside as a wildlife refuge, oil exploration site, etc.
- 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.
- a specified amount or percentage of an industry's production set aside, esp. for government use: Ten percent of gasoline production is a set-aside for emergency use by the state.
- a government contract awarded, as to a minority-owned business, without competitive bidding.
- pertaining to or constituting a set-aside: set-aside provisions of the new law.