economic rent


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economic rent

n.
See rent1.

economic rent

n
1. (Economics) economics a payment to a factor of production (land, labour, or capital) in excess of that needed to keep it in its present use
2. (Law) (in Britain) the rent of a dwelling based on recouping the costs of providing it plus a profit sufficient to motivate the landlord to let it

ec′onom′ic rent′


n.
the return on a productive resource, as land or labor, that is greater than the amount necessary to keep the resource producing.
[1885–90]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.economic rent - the return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions
proceeds, take, takings, yield, payoff, issue, return - the income or profit arising from such transactions as the sale of land or other property; "the average return was about 5%"
References in periodicals archive ?
The discount and capitalization rates, economic rent, expenses, and vacancy rates are all derived from market data and are therefore behavioral in nature.
Speaking of opportunity cost, mine is so low that my economic rent from my job is greater than my salary.
After President Aoun renewed his call to halt economic rent practices and to focus instead on economic production, he called for more efforts to plug deficit suffered by the treasury and to ensure the mitigation of debts.
Then, we would say that of his present salary $9 million is economic rent while only the remainder is actual wages.
Contract notice: Ensuring contract catering form of economic rent and through imports.
Besides, clannish culture opportunities for economic rent, huge discretionary powers and weak accountability, are other potent sources of corruption in the South Asian context.
There are a number of campuses around the university, so why not build more subsidised, rented, one-bedded flats for students at an economic rent on redundant sites - the former Wiggins Teap site at Ely Bridge, Dumballs Road, the BBC site at Llandaff or the Roath Dock area.
The existing structure was created in an era of large lowcost fields when there was a strong case for taxing the economic rent which was being generated.
It is therefore necessary to research and analyse costs and yields in order to investigate the economic rent of Kluai Homthong for growers in the production cycle in Banlad.
The HRCP computes the current-period economic rent and the 6-month-previous economic rent for each housing unit each time it is on-panel.
In other words, LDCs may seek specialization in a narrowly defined segment of activities in the value chain and may also capture a certain amount of economic rent.
Consequently, under the assumed facts, the annual economic rent,

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