economic rent

Questions

What does economic rent mean?

the amount of recompense paid to a factor of production on top of its transfer earnings; this does not encompass costs incurred during the process of production or service

How to pronounce economic rent

1. Open the pronunciation page — Open the Speakur entry for “economic rent”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “economic rent”.
4. Repeat and practice — Say “economic rent” aloud, matching stress and vowels until it feels natural.