Rent

Webster's Dictionary of the English Language

·- imp. & ·p.p. of Rend.

II. Rent ·noun Pay; reward; share; toll.

III. Rent ·vi To Rant.

IV. Rent ·vt To tear. ·see Rend.

V. Rent ·noun Income; revenue. ·see Catel.

VI. Rent ·Impf & ·p.p. of Rend.

VII. Rent ·noun An opening made by rending; a break or breach made by force; a tear.

VIII. Rent ·vi To be leased, or let for rent; as, an estate rents for five hundred dollars a year.

IX. Rent ·noun Figuratively, a schism; a rupture of harmony; a separation; as, a rent in the church.

X. Rent ·noun To take and hold under an agreement to pay rent; as, the tennant rents an estate of the owner.

XI. Rent ·noun To grant the possession and enjoyment of, for a rent; to Lease; as, the owwner of an estate or house rents it.

XII. Rent ·add. ·noun Loosely, a return or profit from a differential advantage for production, as in case of income or earnings due to rare natural gifts creating a natural monopoly.

XIII. Rent ·noun A certain periodical profit, whether in money, provisions, chattels, or labor, issuing out of lands and tenements in payment for the use; commonly, a certain pecuniary sum agreed upon between a tenant and his landlord, paid at fixed intervals by the lessee to the lessor, for the use of land or its appendages; as, rent for a farm, a house, a park, ·etc.

XIV. Rent ·add. ·noun That portion of the produce of the earth paid to the landlord for the use of the "original and indestructible powers of the soil;" the excess of the return from a given piece of cultivated land over that from land of equal area at the "margin of cultivation." Called also economic, / Ricardian, rent. Economic rent is due partly to differences of productivity, but chiefly to advantages of location; it is equivalent to ordinary or commercial rent less interest on improvements, and nearly equivalent to ground rent.

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