Environmental Impact Statement

Definition

  • A mandatory (required by government) evaluation or assessment that must be conducted prior to construction. The assessment details the possible effects that the development could have on the environment surrounding the site. Also known as an "environmental impact assessment."

Synonyms
consequences, results, outcome, effects, environmental impact assessment

Acronyms
EIS

Alternate Spellings
Environmental Impact Assessment, Environmental Impact, fees, commercial

Related Terms and Acronyms

  • Appraisal Definition,
    • An estimate of the market value of a piece of real estate made by a competent professional who knows local real estate prices and markets.
  • Construction Loan Definition,
    • A short-term interim loan for financing the cost of construction. The lender makes payments to the builder at periodic intervals as the work progresses.
  • Controlled Growth Definition,
    • A set of restrictions set by local government that governs the amount, type and density of new construction.
  • Draft Supplemental Environmental Impact Statement (DSEIS)Acronym,
    • Environmental Impact Statement/Environmental Impact Report (EIS/EIR)Acronym,
      • Final Generic Environmental Impact Statement (FGEIS)Acronym,
        • Home Inspection Definition,
          • A thorough examination of a house's visible structural parts and systems, conducted before purchase.
        • Supplemental Environmental Impact Statement (SEIS)Acronym,
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