: the return for the use of a factor in excess of the minimum required to bring forth its service
Example Sentences
Recent Examples on the WebThus, the East India Company acquired by accident the ultimate economic rent — a secure, unearned income stream. Iain Murray, National Review, 2 Nov. 2019 Daniel Leff: In media and entertainment, there’s changing consumer behaviors, and incumbents are stuck with the gravitational pull of legacy behaviors, trying to protect historic excessive economic rent. Joe Pompeo, The Hive, 5 Dec. 2017