economic rent

noun

Definition of economic rent

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

1889

First Known Use of economic rent

1889


Learn More about economic rent


Seen and Heard

What made you want to look up economic rent? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

to search out and expose misconduct

Get Word of the Day daily email!