Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun Rent paid for land to be used chiefly for building.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun law, real estate
Rent paid for theland , usually for a long-termlease or inperpetuity , where the land-owner and theowner ofimprovements are different; the improvements are effectivelysecurity for the payment of the rent.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun payment for the right to occupy and improve a piece of land
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