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Denotation vs. Connotation

economic rent

noun
1.
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 of economic rent
1885-1890
1885-90
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the Web for economic rent
Historical Examples
  • The total product is sometimes called the "gross rent," but economic rent is "net rent."

    The Principles of Economics Frank A. Fetter
  • economic rent is not confined to the cases of contract rent.

    The Principles of Economics Frank A. Fetter
  • It will be observed that the landowner's share of the product, or economic rent, is not identical with commercial rent.

    Distributive Justice John A. (John Augustine) Ryan
  • The cause of economic rent is the fact that land is limited relatively to the demand for it.

    Distributive Justice John A. (John Augustine) Ryan
  • Contract rent is based on economic rent and tends to conform to it whenever there is competition.

    The Principles of Economics Frank A. Fetter
  • The income arising from the land itself, the economic rent, they would be obliged to hand over as a free gift to the State.

    Distributive Justice John A. (John Augustine) Ryan
  • economic rent (likewise called natural, competitive, and sometimes rack rent) is to be distinguished from contract rent.

    The Principles of Economics Frank A. Fetter
  • The existence of economic rent is the basis of the agreement to pay contract rent.

    The Principles of Economics Frank A. Fetter
  • economic rent does not depend on contract rent, but on the differences in the effectiveness of agents to secure a given product.

    The Principles of Economics Frank A. Fetter
  • In such cases the landlord makes the farmer a present, for the time being, of part of the economic rent.

    Supply and Demand Hubert D. Henderson
British Dictionary definitions for economic rent

economic rent

noun
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 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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