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rentier

   Also found in: Financial, Encyclopedia 0.01 sec.
ren·tier  (rä-ty)
n.
A person who lives on income from property or investments.

[French, from rente, yearly income, from Old French; see rent1.]

rentier French [rɑ̃tje]
n
a.  a person whose income consists primarily of fixed unearned amounts, such as rent or bond interest
b.  (as modifier) the rentier class
[from rente; see rent1]

rentier - A person who makes income from rent.
See also related terms for rent.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.rentier - someone whose income is from property rents or bond interest and other investments
investor - someone who commits capital in order to gain financial returns
Translations
rentier [ˈrɒntɪeɪ] Nrentista mf


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Any casual analysis by a decent economist would discover that much of what is considered as "economic activity" in Lebanon is rentier economy: real estate (hence the booming construction to meet ex-pats and Gulf Arabs demand), bank deposits, short-term investments, speculative activities, etc.
First, rentier effects; when a state can generate large revenues from relatively few easily controlled resources they do not have to rely on taxation to fund government spending, therefore citizens have less incentive to develop effective methods of scrutiny to make sure government money is being spent effectively; it may be easier for the government to violently suppress opposition or to buy compliance from opponents rather than through provision of decent public services.
Most likely he took as his standard of sufficiency the bourgeois rentier income of his day, which was about ten times that of the average worker.
 
 
 
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