rack rent in English
noun
1
an extortionate or very high rent, especially an annual rent equivalent to the full value of the property to which it relates.
They rearranged their estates to create larger tenant farms on rack rents , with a decline in small yeomen farmers with customary tenure or freeholds.
verb
1
exact an excessive or extortionate rent from (a tenant) or for (a property).
A small studio in the centre of the town - ideal either for monitoring the joyful events in person or indeed for rack-renting desperate pilgrims - starts at around €30,000.
Use "rack rent" in a sentence
Below are sample sentences containing the word "rack rent" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "rack rent", or refer to the context using the word "rack rent" in the English Dictionary.
1. Fourthly, the terms of the lease may prohibit letting except at a rack rent.