# § 27-1 Definitions.

Published by the Baltimore City Department of Legislative Reference.

## § 27-1 Definitions.

Balt., Md., Pub. Local Laws § 27-1 (2026)

(a) In <cite data-path="27">this subtitle</cite> the following words have the meanings indicated.

(b) “Board of Estimates” means the Board of Estimates of the City of Baltimore.

(c) “City” means Mayor and City Council of Baltimore.

(d) “Economic Development Agency” means an agency, commission or other entity, public or private, so designated for purposes of <cite data-path="27">this subtitle</cite> by the Board of Estimates.

(e) “Enterprise” means any individual, partnership, corporation, joint venture or other entity carrying on business, or proposing to carry on business within the limits of Baltimore City.

(f) “Equity” means equity as determined in accordance with generally accepted accounting principles.

(g) “Fund” means the Enterprise Development Fund established for purposes of <cite data-path="27">this subtitle</cite> by the City.

(h) “Program” means the Enterprise Development Program established for purposes of <cite data-path="27">this subtitle</cite> by the City.

(i) “Working capital” means working capital as determined in accordance with generally accepted accounting principles.