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Economic Rents

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.04 sec.
Economic rents
Profits in excess of the competitive level.
Economic Rents
1. Profits in excess of what the market would otherwise command. A company can receive economic rents if it is a monopoly, or if it is part of a cartel. See also: Rent-seeking behavior.

2. The amount of money the owner of a property can reasonably demand in order to rent that property.


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For example, Congress has conferred upon the secretary of agriculture the authority to issue so-called agricultural marketing orders, which restrict supply, drive up prices, and thus create economic rents for producer cartels.
Power Without Responsibility: How Congress Abuses the People through ... by Greve, Michael S. / Reason
As a result, opportunities to take advantage of temporary economic rents in previously protected segments have attracted numerous actual and potential entrants.
Research and Markets: Telecom Company Batelco's Monopoly of ... by Business Wire
Its main impact is on the redistribution of economic rents through the allocation of inputs and outputs at below-market prices.
The Market Mechanism and Economic Reforms in China by Watson, Andrew / Pacific Affairs
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