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free zone

 

Definitions from WordNet

Noun free zone has 1 sense
  1. free port, free zone - an area adjoining a port where goods that are intended for reshipment can be received and stored without payment of duties
    --1 is a kind of area, country

Definitions from the Web

Free Zone

Definition:

A Free Zone refers to a designated area within a country where certain trade, economic, and business activities are exempted from customs duties, taxes, and other regulations. It is established to attract foreign investment and promote economic growth.

Sample Sentences:

1. Noun (Trade Zone):

The government established a free zone near the port to encourage international trade.

Related products: Books on Free Trade

2. Noun (Economic Zone):

The city's free zone has attracted numerous businesses, helping in job creation and foreign direct investment.

Related products: Books on Economic Development

3. Noun (Business Zone):

Companies operating in the free zone enjoy various benefits such as tax exemptions and simplified procedures.

Related products: Books on Business Management

4. Adjective (Popular Sense):

The new café in the downtown area has become a free zone for creative individuals to gather and share ideas.

Related products: Books on Creativity

5. Adjective (Local Sense):

In some cities, certain parks are designated as free zones for street musicians and performers to showcase their talents.

Related products: Books on Busking

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