a payment made periodically by a tenant to a landlord in return for the use of land, a building, an apartment, an office, or other property.
a payment or series of payments made by a lessee to an owner in return for the use of machinery, equipment, etc.
Economics. the excess of the produce or return yielded by a given piece of cultivated land over the cost of production; the yield from a piece of land or real estate.
profit or return derived from any differential advantage in production.
Obsolete. revenue or income.
verb (used with object)
to grant the possession and enjoyment of (property, machinery, etc.) in return for the payment of rent from the tenant or lessee. (often followed by out).
to take and hold (property, machinery, etc.) in return for the payment of rent to the landlord or owner.