Webrack-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 to charge an extortionate rent for (property, … WebNoun 1. rack rent - an extortionate rent rent - a payment or series of payments made by the lessee to an owner for use of some property, facility,... Rack rent - definition of rack rent by The Free Dictionary

What does rack-rent mean? - Definitions.net

WebScarcity rent refers to the price paid for the use of the homogeneous land when its supply is limited in relation to demand. If all land is homogeneous but demand for land exceeds its supply, the entire land will earn economic rent by virtue of its scarcity. In this way, rent will arise when supply of land is inelastic. Prof. Webrent equal to or nearly equal to the full annual value of a property. —v.t. to exact the highest possible rent for. to demand rack-rent from. Random House Unabridged Dictionary, … scale fiberglass bodies

RACK STH UP definition in the Cambridge English Dictionary

Webrack-rent (n.) "extortionate rent, rent raised to the highest possible limit, rent greater than any tenant can be expected to pay," especially of land-rents in Ireland, c. 1600, from rent (n.) + … Webrack something up meaning: 1. to gradually get more points, profits, etc.: 2. to increase something such as a rent or price…. Learn more. WebApr 3, 2024 · The rent that a specific property type is anticipated to earn per month is known as the fair market rent or FMR. This value is determined by the U.S. Department of Housing and Urban Development (or the HUD). The size of the property, its type, and location are all factors that determine its fair market rent. scale factors in geometry