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Definition of rent:

  1. A certain periodical profit, whether in money, provisions, chattels, or labor, issuing out of lands and tenements in payment for the use; commonly, a certain pecuniary sum agreed upon between a tenant and his landlord, paid at fixed intervals by the lessee to the lessor, for the use of land or its appendages; as, rent for a farm, a house, a park, etc.
  2. An opening made by rending; a break or breach made by force; a tear.
  3. Figuratively, a schism; a rupture of harmony; a separation; as, a rent in the church.
  4. imp. & p. p. of Rend.
  5. Income; revenue. See Catel.
  6. Loosely, a return or profit from a differential advantage for production, as in case of income or earnings due to rare natural gifts creating a natural monopoly.
  7. Pay; reward; share; toll.
  8. That portion of the produce of the earth paid to the landlord for the use of the " original and indestructible powers of the soil;" the excess of the return from a given piece of cultivated land over that from land of equal area at the " margin of cultivation." Called also economic, / Ricardian, rent. Economic rent is due partly to differences of productivity, but chiefly to advantages of location; it is equivalent to ordinary or commercial rent less interest on improvements, and nearly equivalent to ground rent.
  9. To be leased, or let for rent; as, an estate rents for five hundred dollars a year.
  10. To grant the possession and enjoyment of, for a rent; to lease; as, the owwner of an estate or house rents it.
  11. To rant.
  12. To take and hold under an agreement to pay rent; as, the tennant rents an estate of the owner.
  13. To tear. See Rend.


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