Dictionary of Business Terms: floodplain
floodplain
level land area subject to periodic flooding from a contiguous body of water. Floodplains are delineated by the expected frequency of flooding. For example, an annual floodplain is expected to flood once each year. The Army Corps of Engineers has floodplain maps for most metropolitan areas.
Dictionary of Real Estate Terms: floodplain
floodplain
a level land area subject to periodic flooding from a contiguous body of water. Floodplains are delineated by the expected frequency of flooding. For example, an annual floodplainis expected to flood once each year.
