Dictionary

economic rent

noun

Definition of ECONOMIC RENT

:  the return for the use of a factor in excess of the minimum required to bring forth its service
ADVERTISEMENT

First Known Use of ECONOMIC RENT

1889

Browse

Next Word in the Dictionary: economicsPrevious Word in the Dictionary: economic poisonAll Words Near: economic rent
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears