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enterprise zone

Line breaks: en¦ter|prise zone

Definition of enterprise zone in English:

noun

An area in which state incentives such as tax concessions are offered to encourage business investment.
Example sentences
  • This area was declared an enterprise zone; generous tax breaks were offered and planning controls relaxed to induce businesses to relocate.
  • ‘An alternative would be to name the entire stricken area an enterprise zone for some period of time, which would offer both tax incentives and regulatory waivers to stimulate investment,’ the editorial declared.
  • Also, one could argue that the state had already practiced economic affirmative action by declaring the area a state enterprise zone.

Definition of enterprise zone in:

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