increment

  • 131unearned increment — /ˌʌnɜnd ˈɪnkrəmənt/ (say .unernd inkruhmuhnt) noun the increase in the value of land, etc., due to natural causes, as growth of population, rather than to any labour or expenditure by the owner …

  • 132tax increment financing — Technique used by municipalities to finance commercial developments. Typically, the municipality issues bonds to finance land acquisition and other up front costs and then uses the additional property taxes generated from the new development to… …

    Black's law dictionary