Define: Rent

Business, Legal & Accounting Glossary

Definition: Rent



What is the dictionary definition of Rent?

Dictionary Definition


  1. A payment made by a tenant at intervals in order to occupy a property.
  2. A similar payment for the use of equipment or service.
  3. economics A profit from the possession of a valuable right, as a restricted license, to engage in a trade or business.

 

 


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Full Definition of Rent


If you rent something, you regularly pay its owner a sum of money in order to be able to have it and use it yourself.


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Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/rent/
Modern Language Association (MLA):
Rent. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 09, 2020 https://payrollheaven.com/define/rent/.
Chicago Manual of Style (CMS):
Rent. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/rent/ (accessed: April 09, 2020).
American Psychological Association (APA):
Rent. PayrollHeaven.com. Retrieved April 09, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/rent/

Definition Sources


Definitions for Rent are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 8th December, 2019