Definitions P

Franc Zone (Zf)

Monetary union of French-speaking countries whose economies are linked to the French franc at a…

Time Zone

Geometrical division of time across the world in 24 longitudinal divisions. Time zones are determined…

Optimal Currency Area

An economics theory credited to Robert Mundell in which economic efficiency would be maximized in…

Buffer Zone

A tract of land between two differently zoned areas. For example, a city might position…

Common Areas

Amenities such as corridors, hallways, lobby, pool, toilets provided for the comfort and use of…

Zonation

Division of a large land area (such as a region or country) into zones according…

Zoning

Legislative process that divides privately-owned urban areas into different zones (such as residential, commercial, industrial)…

Inclusionary Zoning

A zoning ordinance in a county or municipality which requires low to moderate income individuals…

Spot Zoning

A variation of zoning where a parcel of land is zoned for a different purpose…

Zzzz Best

Company created in the 1980s by Barry Minkow that was involved in massive amounts of…

Downzone

To limit development in a given area. For example, a zoning board may allow only…

Free Zone

An area within a country where imported goods can be stored or processed without being…

Duty Free Zone (Dfz)

Bounded and bonded area where foreign merchandise is brought in without import duties, for further…

Comfort Zone

. Range of minimum and maximum exposure or risk within which an entity can operate…

Free Trade Zone (Ftz)

Airport, seaport, or any other designated area for duty-free import of raw materials, components, sub-assemblies,…