What does rack rent mean?
Definitions for rack rent
rack rent
This dictionary definitions page includes all the possible meanings, example usage and translations of the word rack rent.
Princeton's WordNet
rack rentnoun
an extortionate rent
Wiktionary
rack rentnoun
a rent equal or nearly equal to the annual value of the property
rack rentnoun
an excessive rent
Samuel Johnson's Dictionary
Rack-rentnoun
Rent raised to the uttermost.
Etymology: rack and rent.
Have poor families been ruined by rack-rents, paid for the lands of the church? Jonathan Swift, Miscellanies.
ChatGPT
rack rent
Rack rent is the highest possible rental value that could be reasonably achieved for a property in the current market conditions, assuming the tenant is responsible for all repairs, insurance, and other expenses related to the property. It is often used in commercial property leases and is typically subject to review and adjustment at specified intervals.
Etymology and Origins
Rack Rent
A term expressing the actual full annual value of land as paid from the earliest times, not modified by circumstances. See “Rack.”
Matched Categories
Numerology
Chaldean Numerology
The numerical value of rack rent in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of rack rent in Pythagorean Numerology is: 9
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"rack rent." Definitions.net. STANDS4 LLC, 2024. Web. 26 Dec. 2024. <https://www.definitions.net/definition/rack+rent>.
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