economic rent


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economic rent

the rent of a DWELLING based on recouping the costs of providing it plus a profit sufficient to motivate the landlord to let it.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive ?
Consequently, diminishing economic rent and privileges will eventually provoke power struggles among Kim's core supporting groups to obtain more rent.
An economic rent is the excess of the return to a factor of production above the amount that is required to sustain the current use of the factor (or to entice the use of the factor).
Like public royalty rates, private royalty rates and mineral resource leases are influenced by diverse factors, including expected economic rent, characteristics of the resource, competition for the lease, and externalities that may affect the leaseholder, such as noise and pollution.
If an outsider has economic rent, that is economic rent at one's expense.
The second concept is called "economic rent." This is defined as an amount of money not needed to entice someone to do something, or, alternatively, as an amount of wealth which, if taken away from the person, will not change his behavior.
Besides, clannish culture opportunities for economic rent, huge discretionary powers and weak accountability, are other potent sources of corruption in the South Asian context.
For the reason that the natural resources do not charge the 'economic rent', governments tend to be wasteful, corrupt and autocrat.
There are a number of campuses around the university, so why not build more subsidised, rented, one-bedded flats for students at an economic rent on redundant sites - the former Wiggins Teap site at Ely Bridge, Dumballs Road, the BBC site at Llandaff or the Roath Dock area.
"The existing structure was created in an era of large lowcost fields when there was a strong case for taxing the economic rent which was being generated.
It is therefore necessary to research and analyse costs and yields in order to investigate the economic rent of Kluai Homthong for growers in the production cycle in Banlad.
The HRCP computes the current-period economic rent and the 6-month-previous economic rent for each housing unit each time it is on-panel.
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