rent

²rent

verb

Definition of RENT

transitive verb

1

: to grant the possession and enjoyment of in exchange for rent

2

: to take and hold under an agreement to pay rent

intransitive verb

1

: to be for rent

2

a : to obtain the possession and use of a place or article in exchange for rent b : to allow the possession and use of property in exchange for rent

— rent·abil·i·ty \ˌren-tə-ˈbi-lə-tē\ noun

— rent·able \ˈren-tə-bəl\ adjective

Examples of RENT

1. We rented our friends' cottage for the month of August.
2. Do you own or rent?
3. We rented them the upstairs apartment in our house.
4. The cottage rents for $400 a week.

First Known Use of RENT

15th century

Related to RENT

Synonyms: lease, let [chiefly British]

Related Words: charter, engage, hire; lodge; sublease, sublet; rack-rent

see all synonyms and antonyms

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See Synonym Discussion at hire

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer