ECONOMIC RENT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does economic rent mean? 

• ECONOMIC RENT (noun)
  The noun ECONOMIC RENT has 1 sense:

1. the return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions

  Familiarity information: ECONOMIC RENT used as a noun is very rare.

 Dictionary entry details 

• ECONOMIC RENT (noun)

Sense 1

Meaning:

The return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

economic rent; rent

Hypernyms ("economic rent" is a kind of...):

issue; payoff; proceeds; return; take; takings; yield (the income or profit arising from such transactions as the sale of land or other property)