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
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An enterprise zone relieved AquaBounty of 15 years of property taxes. Anna Clark, ProPublica, 18 Feb. 2025 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 | [email protected], oregonlive, 29 Aug. 2023 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 The Motion Picture Association pushed for 20%, plus 5% bonuses for filming in a disaster area or an enterprise zone. Gene Maddaus, Variety, 16 June 2026 See All Example Sentences for enterprise zone

Word History

First Known Use

1978, in the meaning defined above

Time Traveler
The first known use of enterprise zone was in 1978

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Cite this Entry

“Enterprise zone.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/enterprise%20zone. Accessed 7 Jul. 2026.

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