Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Development
1. A human-created change to improved or unimproved real estate, including buildings or other structures, mining, dredging, filing, grading, paving, excavating, and drilling. 2. An activity, action, or alteration that changes undeveloped property into developed property.
International Bank for Reconstruction and Development.
See WORLD BANK.
development disability
See DISABILITY (1),
development-stage company
Securities. A company that devotes substantially all of its efforts to establishing a new business in which the principal operations either have not yet begun or have begun but without significant revenue.
developmental disability
An impairment of general intellectual functioning or adaptive behavior.
industrial-development bond
1 A type of revenue bond in which interest and principal payments are backed by a corporation rather than a municipality. 0 This type of bond usu. finances a private business facility. 2. A taxexempt municipal bond that finances a usu. local industry. - Also termed industrial-revenue bond.
industrial-development bond.
See BOND (3).
leapfrog development
An improvement of land that requires the extension of public facilities from their current stopping point, through undeveloped land that may be scheduled for future development, to the site of the improvement.
planned-unit development
A land area zoned for a single-community subdivision with flexible restrictions on residential, commercial, and public uses. - Abbr. PUD. Cf. RESIDENTIAL CLUSTER.
research and development
An effort (as by a company or business enterprise) to create or improve products or services, esp. by discovering new technology or advancing existing technology. - Abbr. R and D; R & D.