economic rent

Other forms: economic rents

Definitions of economic rent
  1. noun
    the return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions
    synonyms: rent
    see moresee less
    type of:
    issue, payoff, proceeds, return, take, takings, yield
    the income or profit arising from such transactions as the sale of land or other property
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