Dictionary

unearned increment

noun

Definition of UNEARNED INCREMENT

:  an increase in the value of property (as land) that is due to no labor or expenditure of the owner but to causes (as the increase of population) that create an increased demand for it
ADVERTISEMENT

First Known Use of UNEARNED INCREMENT

1871

Browse

Next Word in the Dictionary: unearned premiumPrevious Word in the Dictionary: unearned incomeAll Words Near: unearned increment
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