Meaning

1 senses
  1. The amount of recompense paid to a factor of production on top of its transfer earnings; this does not encompass costs incurred during the process of production or service

More definitions
  • the return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions

Forms

plural: economic rents
Singulareconomic rent
Pluraleconomic rents

regular

Synonyms

1 synonyms
Close in meaning
  • the return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions:rent

Word family

1 related words

See also

neighbours in the dictionary
economic rent — meaning, examples, forms, synonyms | Krumeto