Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “rack rent”

rack rent

noun [C]
 
 
PROPERTY
a rent that is agreed between the owner of a property and the person renting it, rather than being fixed or controlled by law: The terms of the lease may prohibit letting except at a rack rent. It is important to ascertain if any rent free period is to include not only the rack rent but also service charges and/or insurance premiums.
US an unfairly high level of rent
(Definition of rack rent from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of rack rent?
Add Cambridge dictionaries to your browser to your website

Word of the Day

hyphen

the symbol -, used to join two words together, or to show that a word has been divided into two parts at the end of one line and the beginning of the next

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More