Legal Dictionary
rent
Legal Definition of rent
Noun
- This is the consideration paid by a tenant to a landlord in exchange for the exclusive use and enjoyment of land, a building or a part of a building. Under normal circumstances, the rent is paid in money and at regular intervals, such as the first of every month. The word has also come to be used as a verb as in to "rent an apartment", although the proper legal term would be to "lease an apartment."
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Definition of rent
Pronunciation
Etymology
Old French rente, from Vulgar Latin rendere (“to render”).
Noun
rent (plural rents)
- A payment made by a tenant at intervals in order to occupy a property.
- A similar payment for the use of equipment or a service.
- (economics) A profit from possession of a valuable right, as a restricted license to engage in a trade or business.
A New York city taxicab license earns more than $10,000 a year in rent.
Verb
rent (third-person singular simple present rents, present participle renting, simple past and past participle rented)
- (transitive) To occupy premises in exchange for rent.
- (transitive) To grant occupation in return for rent.
- (transitive) To obtain or have temporary possession of an object (e.g. a movie) in exchange for money/rent.
References:
- Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.
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Translation of rent in Malay
Sewa
Noun
payment made by a tenant
- Sewa
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