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noun slum·lord \ˈsləm-ˌlȯrd\

Simple Definition of slumlord

  • : a person who owns a building with apartments that are in bad condition and rents them to poor people

Source: Merriam-Webster's Learner's Dictionary

Full Definition of slumlord

  1. :  a landlord who receives unusually large profits from substandard properties

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