Zoning
Municipal rules governing how land may be used and what may be built on it.
Why it matters: It sets the ceiling on what a property can ever become, regardless of what you pay for it.
6 terms
Dictionary — Z
Zoning, Zero-Based Budget, Zero Percent Promotion, Zoning Variance and more. Each definition explains what the term means and why it changes a number.
Zero-Based Budget
A budgeting method in which every dollar of income is assigned a job until nothing is unallocated.
Why it matters: It surfaces the gap between what people think they spend and what actually leaves the account.
Run the 50/30/20 budget →Zero Percent Promotion
An introductory period during which no interest is charged on transferred or purchased balances.
Why it matters: The fee and the post-promotional rate decide whether it saves money or merely delays the problem.
Run the balance transfer savings →Zoning Variance
Permission to depart from zoning rules for a specific property.
Why it matters: It can transform a property's value, and its absence can quietly destroy a development plan.
Zero-Coupon
A security paying no periodic interest, sold at a discount and redeemed at face value.
Why it matters: The return is locked in at purchase, which suits a known future obligation.
Run the savings goal →Zoning Overlay
An additional set of rules applied on top of base zoning in a defined area.
Why it matters: It can restrict what base zoning appears to permit, which catches out buyers who checked only one.
Run the home sale net proceeds →Estimates, not advice. Every figure here is produced from the inputs you enter and the formula printed on the page. Rules differ by state, carrier, lender and contract, so use these numbers to prepare for a conversation with a qualified professional rather than to replace one. See our full disclaimer.