enterprise zone

English - Turkish

Definition of enterprise zone in English Turkish dictionary

yatırım bölgesi

Related Terms

enterprise zones

(Ticaret) yatırım bölgeleri

English - English

Definition of enterprise zone in English English dictionary

a city district where development receives special tax advantages

An enterprise zone is an area, usually a depressed or inner-city area, where the government offers incentives in order to attract new businesses. Because it is in an enterprise zone, taxes on non-food items are 3.5% instead of the usual 7%. An impoverished area in which businesses are exempt from certain taxes and are given other economic advantages as an inducement to locate there and employ residents

Hyphenation

en·ter·prise zone

Turkish pronunciation

entırprayz zōn

Pronunciation

/ˈentərˌprīz ˈzōn/ /ˈɛntɜrˌpraɪz ˈzoʊn/