enterprise zone
noun
: an economically depressed area in which business growth is encouraged by the government through tax relief and financial concessions
Examples of enterprise zone in a Sentence
Recent Examples on the Web
The tax exemptions may be extended to 30 years if a $400 million investment is made, or a $200 million investment in an enterprise zone.
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Erica E. Phillips, Hartford Courant, 20 Jan. 2024
State officials have expanded Baltimore’s enterprise zone for the first time in a decade, bringing the total area eligible for benefits to 16,760 acres, including Pratt Street downtown, Port Covington, Locust Point, Highlandtown, Greektown and Bayview.
—Lorraine Mirabella, Baltimore Sun, 7 July 2022
Oregon’s enterprise zone program is used primarily by large tech companies, which collected more than $180 million in tax savings for their data centers last year.
—Mike Rogoway | Mrogoway@oregonian.com, oregonlive, 29 Aug. 2023
Businesses typically must increase local hiring by 10% to qualify for five years of enterprise zone property tax breaks.
—Mike Rogoway | Mrogoway@oregonian.com, oregonlive, 29 Aug. 2023
See all Example Sentences for enterprise zone 
Erica E. Phillips, Hartford Courant, 20 Jan. 2024
State officials have expanded Baltimore’s enterprise zone for the first time in a decade, bringing the total area eligible for benefits to 16,760 acres, including Pratt Street downtown, Port Covington, Locust Point, Highlandtown, Greektown and Bayview.
—Lorraine Mirabella, Baltimore Sun, 7 July 2022
Oregon’s enterprise zone program is used primarily by large tech companies, which collected more than $180 million in tax savings for their data centers last year.
—Mike Rogoway | Mrogoway@oregonian.com, oregonlive, 29 Aug. 2023
Businesses typically must increase local hiring by 10% to qualify for five years of enterprise zone property tax breaks.
—Mike Rogoway | Mrogoway@oregonian.com, oregonlive, 29 Aug. 2023
See all Example Sentences for enterprise zone
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'enterprise zone.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Enterprise zone.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/enterprise%20zone. Accessed 30 Jun. 2024.
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