ZONING

Legislative process dividing land into zones for different uses such as industrial, open space, residential. See zonation.

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ZONING CODE

Local law saying how each parcel of land will be used. Also known as zoning ordinance.

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ZONING COMMISSION

The people appointed by the town or city government that administer the zoning regulations and laws.

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ZONING EXCEPTION

the special permission for a structure to be built where it contravenes the zoning laws.

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ZONING LAWS

These are the laws, rules, regulations and ordinances that govern the types of structures that can be built in various parts of the town, community or municipality.

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ZONING PERMIT

Document from local government that allows a piece of land to be used for the prescribed purpose.

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ZYGOCEPHALUM

In the civil law. A measure or quantity of land. Nov. 17, c. 8. Asmuch land as a yoke of oxen could plow in a day. Calvin.

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ZERO UPTICK

Transaction at the same price as one before it but higher than the one before that.

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ZERO-COUPON BOND

Bond that (1) pays no interest but is sold subpar, (2) interest paying bond stripped of its coupon. Also known as non-interest bearing bond, zero interest bond, zero rated bond.

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