unearned increment


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

Word History

First Known Use

1871, in the meaning defined above

Time Traveler
The first known use of unearned increment was in 1871

Dictionary Entries Near unearned increment

Cite this Entry

“Unearned increment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/unearned%20increment. Accessed 18 May. 2024.

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