Regular payments to an owner for the use of some leased property.
A regular, usually monthly, payment that a person makes in exchange for the use of an asset he/she does not own. That is, rent is the payment on a lease. The term is most often used to refer to payments on a leased dwelling or other piece of real estate.
the periodic payments made to the owners of ASSETS (for example, household and industrial premises, car hire) for the use of these assets. See LEASE, LEASING, LEASEBACK, INCOME.
This ruling permits taxpayers who selected a fixed payment safe-harbor method to change to a safe-harbor method that will decrease or increase their payments if investment results cause their account values to subsequently decrease or increase.