enterprise zone

Definition

A designated geographical area in which businesses enjoy favorable tax credits, financing, and/or other incentives.

Use enterprise zone in a sentence

You should try and make sure that you are doing things the right way if you are in an enterprise zone.

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I was glad that we were in the enterprise zone because that meant we would enjoy a lot of beneifits others did not have.

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My city has an enterprise zone, which had encouraged companies to hire employees from that targeted area in order to get tax credits or tax benefits.

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Related Terms

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enterprise value to sales (EV/sales) zone