development rights

noun
rights to use real property, such as farmland, in ways that differ from the current use.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
Big-pharma companies can often pick up joint-development rights to these substances fairly cheaply.
The tax deduction comes from donating development rights.
Once purchased, the development rights are held by the state in perpetuity.
These development rights can then be used in urban areas better suited to accommodate additional growth.
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