impact fee |
|
Definition 1
Industrial: Charge imposed on industrial projects to compensate for their negative social or environmental cost which will eventually be borne by the public.
Definition 2
Real estate: Charge imposed on land developers to cover the cost of infrastructure and related services that will have to be provided by the local or national government.
email to a friend
print this definition
cite this definition
link to this page
impact fee is in the Environment & Pollution Control and Real Estate & Buildings subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/impact-fee.html







