Rent
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Rent is periodically paid income to a landowner for providing land to another for a certain amount of time, or more specifically: "the excess of the produce or return yielded by a given piece of cultivated land over the cost of production; the yield from a piece of land or real estate."[1]
References
- ↑ rent (English) (HTML). Dictionary.com. Retrieved on 2007-09-30. “a payment made periodically by a tenant to a landlord in return for the use of land, a building, an apartment, an office, or other property." & "Economics. the excess of the produce or return yielded by a given piece of cultivated land over the cost of production; the yield from a piece of land or real estate."”