Utilities Installation

Improved Land
Improved Land refers to a parcel of land that has been partially or fully developed for use. Development activities include landscaping, grading, installation of utilities, road construction, and building construction.
Land Development
Land development is the process of improving raw land to support construction. This comprehensive process involves several steps including planning, acquisition of government permits, subdivision, construction of access roads, installation of utilities, landscaping, and drainage.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.