rent

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Rent

Regular payments to an owner for the use of some leased property.

Rent

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.

rent

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.

rent

the periodic payments made to the owners of ASSETS for the use of their land or other assets as either FACTORS OF PRODUCTION or for consumption. In aggregate terms, rents are a source of income and they are included as a part of NATIONAL INCOME. See also ECONOMIC RENT, NATIONAL INCOME ACCOUNTS.

rent

Payment for the privilege of possessing space one does not own.
References in periodicals archive ?
The company has approximately USD 1.7bn of real estate assets under management, including 124 self storage facilities located throughout the United States and Toronto, Canada, comprised of approximately 78,500 units and 9.1 m rentable square feet.
Wittig added that for startups, rentable workstation fees start at $79 per person a month while office space for two or more people begins at $479 per month.
* Storage Village Griffin, located at 749 Carver Rd, Griffin GA, consisted of 1,008 units and 138,625 rentable square feet.
There are systems available that will automatically calculate the accurate useable square footage directly from the CAD file and populate a database to report rentable square-footage information, minimizing the opportunity for human error.
Did you know there are no standard definitions for calculating one of the most important elements of a lease: the rentable area?
The property has rentable space of 1,119 square metres, of which 976 square metres is residential space.
* Average tenant representative (lease acquisition) services: $4.50 per rentable square foot
115 Stevens Avenue is a three-story office building consisting of 130,630 rentable square feet with a parking garage and outdoor visitor parking.
The facility has approximately 55,000 rentable square feet and features 24-hour onsite management.
Headquartered in New York, New York, the company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2017, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio.