economic rent

noun
the return on a productive resource, as land or labor, that is greater than the amount necessary to keep the resource producing or on a product in excess of what would have been the return except for some unique factor.


Origin:
1885–90

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
economic rent
 
n
1.  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.  (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

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
While the contract rental or lease of a given property is to be considered the
  current economic rent should be given weight.
These professions are human-capital intensive and employees therefore capture
  the lion's share of economic rent.
The removal of fee caps allows reputable universities to extract an economic
  rent on the status conferred by their qualifications.
The period over which a property will yield a return on and of the investment,
  over and above the economic rent due to land.
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