peppercorn rent(redirected from Peppercorn (legal))
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a rent that is very low or nominal
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|Noun||1.||peppercorn rent - very low or nominal rent|
Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom
rent - a payment or series of payments made by the lessee to an owner for use of some property, facility, equipment, or service
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