rent

(redirected from rentability)
Also found in: Dictionary, Thesaurus, Financial, Idioms, Encyclopedia.

rent

1) v. to hire an object or real property for a period of time (or for an open-ended term) for specified payments. 2) n. the amount paid by the renter and received by the owner. Rent may be specified in a written lease, but also may be based on an oral agreement for either a short period or on a month-to-month basis in which the hiring may be terminated on a month's notice. (See: lease)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

rent

the sum or amount agreed in the lease or tenancy agreement to be paid by the tenant to the landlord for exclusive possession of the property leased for the period of the lease. The same term maybe used for the charge for use of moveables such as a motor vehicle.
Collins Dictionary of Law © W.J. Stewart, 2006

RENT, estates, contracts. A certain profit in money, provisions, chattels, or labor, issuing out of lands and tenements in retribution for the use. 2 Bl. Com. 41; 14 Pet. Rep. 526; Gilb., on Rents, 9; Co. Litt. 142 a; Civ. Code of Lo. art. 2750; Com. on L. & T. 95; 1 Kent, Com. 367; Bradb. on Distr. 24; Bac. Ab. h.t.; Crabb, R. P. SSSS 149-258.
     2. A rent somewhat resembles an annuity, (q.v.) their difference consists in the fact that the former issues out of lands, and the latter is a mere personal charge.
     3. At common law there were three kinds of rents; namely, rent-service, rent-charge, and rent-seek. When the tenant held his land by fealty or other corporeal service, and a certain rent, this was called rent-service; a right of distress was inseparably incident to this rent.
     4. A rent-charge is when the rent is created by deed and the fee granted; and as there is no fealty annexed to such a grant of rent, the right of distress is not in incident; and it requires an express power of distress to be annexed to the grant, which gives it the name of a rent- charge, because the lands are, by the deed, charged with a distress. Co. Litt. 143 b.
     5. Rent-seek, or a dry or barren rent, was rent reserves by deed, without a clause of distress, and in a case in which the owner of the rent had no future interest or reversion in the land, he was driven for a remedy to a writ of annuity or writ of assize.
     6. But the statute of 4 Geo. II. c. 28, abolished all distinction in the several kinds of rent, so far as to give the remedy by distress in cases of rents-seek, rents of assize, and chief rents, as in the case of rents reserved upon a lease. In Pennsylvania, a distress is inseparably incident to every species of rent that may be reduced to a certainty. 2 Rawle's Rep. 13. In New York, it seems the remedy by distress exists for all kinds of rent. 3 Kent Com. 368. Vide Distress; 18 Viner's Abr. 472; Woodf, L. & T. 184 Gilb. on Rents Com. Dig. h.t.. Dane's Ab. Index, h.t.
     7. As to the time when the rent becomes due, it is proper to observe, that there is a distinction to be made. It becomes due for the purpose of making a demand to take advantage of a condition of reentry, or to tender it to save a forfeiture, at sunset of the day on which it is due: but it is not actually due till midnight, for any other purpose. An action could not be supported which had been commenced on the day it became due, although commenced after sunset; and if the owner of the fee died between sunset and midnight of that day, the heir and not the executor would be entitled to the rent. 1 Saund. 287; 10 Co. 127 b; 2 Madd. Ch. R. 268; 1 P. Wms. 177; S. C. 1 Salk, 578. See generally, Bac. Ab. h.t.; Bouv. Inst. Index h.t.; and Distress; Reentry.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Of the six independent variables of the first regression model (CMP) only the financial leverage (LEV), weight of fixed assets in the total assets (PAI) and the financial rentability rate (ROE) are determining factors that influence significantly the average weighted cost of the capital of the enterprise: about 47% of the CMP variation is explained by LEV and ROE and about 33% of the CMP variation is explained by PAI.
Specifically, such data can be used to profile a database, create homogeneous "life-stage" segments, assist in building powerful predictive models, and increase the "rentability" of customers.
If foreign equity in the country and rentability of foreign owned companies affect GDP more than rentability of domestic companies, foreign ownership is more efficient for the Czech economy.
The business process modeling is the easiest, with the lowest risk and the highest rentability investment that a company can do, in order to become more efficient.
“When you buy an investment property, you have to look for quality construction, value, rentability and a solid builder reputation, and that's why we purchased a home at Fusion,” explained homeowner Hari Sankar.
Complex assessment of the investment Effectiveness Effects Economical profit, costs, rentability, liquidity, development environmental material saving, energy saving, minimalization and recycling of the waste, saving of payments and fines for environmental damage Social creation of new jobs, improvement of working conditions, safety and health protection, work injuries, work culture
Its rentability fell to 1.12% from 0.75% because of pre tax loss with the increase in non operating costs and fixed assets from work not yet finished and subsidy receivable from the government.
Mitchell, "Estimating Economic Damages to Real Property Due to Loss of Marketability, Rentability, and Stigma," The Appraisal Journal (April 2000): 162-170.
A lack of financing makes it difficult for some owners to subdivide the space, further limiting its rentability.