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English definition of “enterprise zone”

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enterprise zone

noun [C]
 
 
GOVERNMENT
an area of a country where the government tries to encourage economic development by offering financial advantages to people who start new businesses there: Canary Wharf has struggled to fulfil one of the original aims of the enterprise zone - to help lift Docklands out of poverty.
(Definition of enterprise zone from the Cambridge Business English Dictionary © Cambridge University Press)
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