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
An enterprise zone relieved AquaBounty of 15 years of property taxes.
—
Anna Clark, ProPublica, 18 Feb. 2025
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.
—Erica E. Phillips, Hartford Courant, 20 Jan. 2024
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
The Maryland Department of Commerce announced the approval of a new regional institution strategic enterprise zone, or RISE Zone, adjacent to Towson University.
—Katia Parks, Baltimore Sun, 27 July 2023
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Anna Clark, ProPublica, 18 Feb. 2025
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.
—Erica E. Phillips, Hartford Courant, 20 Jan. 2024
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
The Maryland Department of Commerce announced the approval of a new regional institution strategic enterprise zone, or RISE Zone, adjacent to Towson University.
—Katia Parks, Baltimore Sun, 27 July 2023
See All Example Sentences for enterprise zone
Cite this Entry
“Enterprise zone.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/enterprise%20zone. Accessed 5 Sep. 2025.
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