enterprise zone


noun

an area or locality in which businesses are allowed certain tax advantages and are subject to fewer government regulations in order to stimulate its economy.

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British Dictionary definitions for enterprise zone

enterprise zone

noun

a designated zone in a depressed area, esp an inner urban area, where firms are given tax concessions and various planning restrictions are lifted, in order to attract new industry and business to the area: first introduced in Britain in 1981
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012