from The American Heritage® Dictionary of the English Language, 4th Edition
- n. Chiefly British Rent paid for land to be used chiefly for building.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. 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.
from the GNU version of the Collaborative International Dictionary of English
- n. rent paid for the privilege of building on another man's land.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. payment for the right to occupy and improve a piece of land
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