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urban enterprise zone |
Also found in: Financial, Acronyms, Wikipedia, Hutchinson | 0.01 sec. |
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urban enterprise zone: see enterprise zone enterprise zone, designated geographical district in which resident businesses are legally entitled to receive special benefits from a government, established in economically depressed areas to encourage companies to locate there. ..... Click the link for more information. . How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Few programs have proven more successful than the NJ Commerce & Economic Growth Commission's nationally acclaimed Urban Enterprise Zone (UEZ) Program. A study of the New Jersey EZ program concluded that "the urban enterprise zone (UEZ) is a cost-effective economic development tool, leveraging almost $2 in state and local taxes for every $1 forgone in state tax revenues. Additionally, the company has received modest private passenger automobile rate increases, reduced assigned Urban Enterprise Zone (UEZ) business through increased voluntary writings, which have lower loss ratios, and adjusted its tier rating plan and territorial relativities. |
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