tax increment financing

tax-increment financing. A technique used by a municipality to finance commercial developments usu. involving issuing bonds to finance land acquisition and other up-front costs, and then using the additional property taxes generated from the new development to service the debt. — Abbr. TIF. [Cases: Municipal Corporations 953.]
专业法律词汇 词条贡献者
资深译员Paloma,毕业于亚洲一流的翻译学院,擅长翻译各类与境外投资相关的法律文件。
Scroll to Top