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You can double click on a word to look it up on TermGallery.
Meanings of economic rent in English
Russian
рента Any payment to an owner or factor of production in excess of the costs needed to bring that factor into production.
Related terms
The return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions.
Usage of economic rent in English
1
They pay good economic rents and they're long-life assets, he said.
2
The elite extracts economic rents from the rest of the population, then salts them away in tax havens.
3
The hope for fintech is that by offering greater efficiency it will benefit society by driving down or eliminating economic rents.