English Dictionary |
RENT SEEKING
Pronunciation (US): | (GB): |
Dictionary entry overview: What does rent seeking mean?
• RENT SEEKING (noun)
The noun RENT SEEKING has 1 sense:
1. (economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through production or trade
Familiarity information: RENT SEEKING used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
(economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through production or trade
Classified under:
Nouns denoting cognitive processes and contents
Synonyms:
rent-seeking; rent seeking
Hypernyms ("rent seeking" is a kind of...):
economic theory ((economics) a theory of commercial activities (such as the production and consumption of goods))
Holonyms ("rent seeking" is a part of...):
economic science; economics; political economy (the branch of social science that deals with the production and distribution and consumption of goods and services and their management)
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