Terms For Z

Zero Percent Financing:

This is loan with no interest in the contract. Here the IRS imputes 10 percent for both borrower and lender.

Zoning:

This refers to the division of a city or town into zones. The application of regulations has to do with the architectural design and structural and intended uses of buildings within such zones.

Zoning ordinance:

The set of laws and regulations that controls the use of land and the construction of improvements in a particular region or zone, refers to the ‘Zoning ordinance’.