Set-aside

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Set-aside

A percentage of a municipal or corporate bond underwriting that is allocated for handling by a minority-owned broker/dealer firm.

Set-Aside

The portion of a contract that is guaranteed to go to a minority owned company. For example, suppose a city wishes to contract out its trash collection services to a number of privately-owned companies. It may declare that 20% of the total value of the contract must go to one or more companies owned by a member of a minority group. While this is intended to reduce corruption in (especially local) governments, critics allege that this practice is, itself, subject to abuse. See also: Affirmative action.
References in periodicals archive ?
The ground is very testing out there but Johnny Setaside jumped very well and saw out the three miles really bravely," added the Ulsterman.
Rents are set based upon the selected setaside using the HUD county median income, adjusted for household size.
Estates, and not trusts, may be entitled to an IRC section 642(c) charitable setaside deduction.
the Court invalidated a minority setaside program, and in Martin v.
Prior to joining EK Health, Reason was a Medicare SetAside executive for two large workers' compensation managed care organizations, where he worked on more than 5,000 set-side allocations with many national insurers, employers and third-party administrators.
There was one withdrawal, the injured Johnny Setaside.
The Government has already given its backing to the Campaign for the Farmed Environment, the industry-led voluntary approach to retaining the wildlife and environmental benefits for setaside.
Congress also continued to refine the program by establishing separate setaside requirements and goals for additional categories of small businesses.
Defense Operation of the Modeling and Simulation Information Analysis Center (MSIAC): Small business setaside.
This is still well ahead of recent years, despite the increase in production which is expected, as a result of land being taken out of setaside.
A claims consultant, structured settlement expert and an attorney will walk you through a fictional claim and show you how to determine whether a Medicare setaside is needed, how a structured settlement works, and where and how you can save money .
I watched one barn owl quartering a field of setaside at 3pm, shining white in the afternoon light, like a great big day-flying moth.