enterprise zone in English
noun
1
an impoverished area in which incentives such as tax concessions are offered to encourage business investment and provide jobs for the residents.
This area was declared an enterprise zone ; generous tax breaks were offered and planning controls relaxed to induce businesses to relocate.
Use "enterprise zone" in a sentence
Below are sample sentences containing the word "enterprise zone" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "enterprise zone", or refer to the context using the word "enterprise zone" in the English Dictionary.
1. Choir has been declared a free enterprise zone.
2. An area of the city has been designated an enterprise zone, with tax relief and simplified planning to lure investment.
3. 9 Because it is in an enterprise zone, taxes on non-food items are 5% instead of the usual 7%.
4. Some expenditure would have occurred irrespective of designation, but almost three-quarters of total spending occurred as a result of enterprise-zone declarations.