rack rent

See also: rack-rent and rackrent

English

Alternative forms

rack-rent, rackrent

Noun

rack rent (countable and uncountable, plural rack rents)

(law, formal) The full rental value of a property, including both land and improvements, if it were subject to an immediate open market rent review.
(chiefly historical, informal) An excessive rent.

Derived terms

rack-renter

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