rack-renting

rack-rent

[rak-rent]
noun
1.
Also, rack rent. rent equal to or nearly equal to the full annual value of a property.
verb (used with object)
2.
to exact the highest possible rent for.
3.
to demand rack-rent from.

Origin:
1600–10

rack-renter, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
rack-rent
 
n
1.  a high rent that annually equals or nearly equals the value of the property upon which it is charged
2.  any extortionate rent
 
vb
3.  to charge an extortionate rent for (property, land, etc)
 
[C17: from rack1 (sense 12) + rent1]
 
'rack-renter
 
n

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