Planned Unit Development (PUD): A relatively modern concept in housing designed to produce a high density of dwellings and maximum use of open spaces. This efficient use of land allows greater flexibility for residential land and development. It also usually results in lower-priced homes and minium maintenance cost. Often, PUDs are specifically provided for in zoning ordinances or are listed as a conditional permitted use, sometimes called planned development housing.

 

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Planned Unit Development (PUD): A relatively modern concept in housing designed to produce a high density of dwellings and maximum use of open spaces. This efficient use of land allows greater flexibility for residential l . . . View Full Definition

Purchase Of Development Rights (PDR): The acquisition of property development rights through voluntary sale by the landowner to a government agency or land trust. The government agency or land trust acquiring development rights . . . View Full Definition

Research And Development (R-D): Development of new products and services by a company in order to obtain a competitive advantage.

Resource Conservation And Development Program (RC and D): The RC&D program, initiated in 1962 under authority of Food and Agriculture Act of 1962 (P.L. 87-703), assists multi-county areas in enhancing conservation, water quality, wildlife habitat, . . . View Full Definition