Business Dictionary :
Zero, Zip Code and Zone
Zero : noun : nought or number 0
• The code for international calls is zero one zero (010).
= inflation at 0%
: Nought is more common in GB English.
: (item) which has a VAT rate of 0%.
: bond which does not carry any interest or where the interest is contained in the capital gain
: rating of an item at 0% VAT
: US letters and numbers used to indicate a town or street in an address on an envelope
: the GB English for this is POSTCODE
: area of a town or country (for administrative purposes)
or Enterprise Zone
= area which has been given special help from the government to encourage businesses and factories to set up there
Free Trade Zone
= area where there are no customs duties
: to divide (a town) into different areas for planning purposes
• Land zoned for light industrial use = land where planning permission has been given to build small factories for light industry
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