Enterprise Zone Definition

Enterprise Zone Definition

What Is an Enterprise Zone? An enterprise zone is a geographic area that has been granted special tax breaks, regulatory exemptions, or other public assistance in order to encourage private economic development and job creation. They are used most often to promote the revitalization of a city neighborhood. Enterprise zones were introduced in the U.S. in

Entrance Price Definition

Entrance Price Definition

What Is an Entrance Fee? The term “entrance fee” is commonly used in reference to an up-front cost for continuing-care retirement communities (CCRCs). Rather than purchasing a CCRC unit, residents typically pay a high entrance fee followed by regular monthly payments. The entrance fee is paid in exchange for services provided at the CCRC, such

Environmental Economics: Definition, Importance, and Example

Environmental Economics: Definition, Importance, and Example

What Is Environmental Economics? Environmental economics is the study of the cost-effective allocation, use, and protection of the world’s natural resources. Economics, broadly speaking, is the study of how humans produce and consume goods and services. Environmental economics focuses on how they use and manage finite resources in a manner that serves the population while

What Is Environmental, Social, and Governance (ESG) Investing?

What Is Environmental, Social, and Governance (ESG) Investing?

What Is Environmental, Social, and Governance (ESG) Investing? Environmental, social, and governance (ESG) investing refers to a set of standards for a company’s behavior used by socially conscious investors to screen potential investments. Environmental criteria consider how a company safeguards the environment, including corporate policies addressing climate change, for example. Social criteria examine how it manages

Environmental Tariff Definition

Environmental Tariff Definition

What Is an Environmental Tariff? An environmental tariff, also known as an eco-tariff, is a tax on products imported from countries with inadequate environmental pollution controls. They are mechanisms to prevent nations from ignoring environmental controls to increase exports. Direct environmental tariffs are uncommon because they tend to run afoul of international trade commitments and

Euro In one day Index Reasonable (EONIA): Definition, Switch to ESTER

Euro In one day Index Reasonable (EONIA): Definition, Switch to ESTER

What Is the Euro Overnight Index Average (EONIA)? The Euro Overnight Index Average (EONIA) is the average overnight reference rate for which European banks lend to one another in euros. The EONIA is the interest rate for one-day loans between European banks and is considered an interbank rate. However, European regulatory reforms resulted in the