rent

¹rent

noun \ˈrent\

Definition of RENT

1

: property (as a house) rented or for rent

2

a : a usually fixed periodical return made by a tenant or occupant of property to the owner for the possession and use thereof; especially : an agreed sum paid at fixed intervals by a tenant to the landlord b : the amount paid by a hirer of personal property to the owner for the use thereof

3

a : the portion of the income of an economy (as of a nation) attributable to land as a factor of production in addition to capital and labor b : economic rent

— for rent

: available for use or service in return for payment

Origin of RENT

Middle English rente, from Anglo-French, payment, income, from Vulgar Latin *rendita, from feminine of *renditus, past participle of *rendere to yield — more at render

First Known Use: 12th century

Other Economics Terms

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

Rhymes with RENT

bent, Brent, cent, dent, gent, Ghent, hent, Lent, pent, scent, sent, spent, sprent, stent, tent, Trent, vent