Meaning of the word earmarking in English

What does earmarking mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

earmarking

US /ˈɪrˌmɑrkɪŋ/
UK /ˈɪəˌmɑːkɪŋ/

Noun

the action of designating something (such as funds or resources) for a particular purpose

Example:
The government's earmarking of funds for education was widely praised.
The earmarking of certain areas for conservation helps protect endangered species.