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Economic rent
/ˌɛkənˈɑmɪk
rɛnt/
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Economic rent
noun
1.
The return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions.
Synonym:
rent
.
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Etymology of 'Economic rent'
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Words linked to "Economic rent" :
issue
,
payoff
,
return
,
take
,
takings
,
yield
,
proceeds
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