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2017 Word of the Year

fair rent

noun
1.
(in Britain) the rent for a private tenancy, fixed and registered by a rent officer, and based on the size, condition, and usefulness of the property, but not its scarcity value
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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