Significado de “peppercorn rent” - Diccionario inglés

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(Definición de peppercorn rent de Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

peppercorn rent en inglés de negocios

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peppercorn rentnoun [ C ]

uk us UK

LAW, PROPERTY a very small amount of money that is paid by someone who is renting a building or piece of land so that the arrangement between them and the owner of the property is legal:

The charity secured a 20-year lease on the building at a peppercorn rent of £1.

(Definición de peppercorn rent de Cambridge Business English Dictionary © Cambridge University Press)

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