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Definition of Ground rent
1. Noun. Payment for the right to occupy and improve a piece of land.
Definition of Ground rent
1. Noun. (legal real estate) Rent paid for the land, usually for a long-term lease or in perpetuity, where the land-owner and the owner of improvements are different; the improvements are effectively security for the payment of the rent. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Ground Rent
Literary usage of Ground rent
Below you will find example usage of this term as found in modern and/or classical literature:
1. Encyclopaedia Britannica, a Dictionary of Arts, Sciences, Literature and edited by Hugh Chisholm (1910)
"In Roman law, ground rent (solarium) was an annual rent payable by the lessee
... But at the present time the accepted meaning of ground rent is the rent at ..."
2. An Inquiry Into the Nature and Causes of the Wealth of Nations by Adam Smith, Joseph Shield Nicholson (1895)
"... the less he would incline to pay for the ground ; so that the final payment
of the tax would fall altogether upon the owner of the ground-rent. ..."
3. United States Supreme Court Reportsby Lawyers Co-operative Publishing Company, United States Supreme Court by Lawyers Co-operative Publishing Company, United States Supreme Court (1882)
"[225] In this case five thousand dollars were paid for a ground rent of five
hundred dollars per annum. This circumstance, although ten per cent, ..."
4. Principles of City Land Values by Richard Melancthon Hurd (1903)
"Value in urban land, as In agricultural land, is the resultant of economic or
ground rent capitalized. As first laid down, the theory of agricultural ground ..."
5. Principles of Political Economy: With Some of Their Applications to Social by John Stuart Mill (1894)
"But a tax on ground-rent is supposed to be a portion of a house-tax, which is not a
... In the vast majority of houses, the ground-rent forms but a small ..."
6. Principles of Economics by Alfred Marshall (1895)
"By erecting this floor, instead of spreading the building BOOK v. over more
ground, a saving of ground-rent is effected, which - — just compensates for the ..."
7. Publications of the American Statistical Association by American Statistical Association (1897)
"He will pay an amount of capital such that the net ground rent will equal the
... ground rent, or gross ground rent, as perhaps it would better be called, ..."
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