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British Dictionary definitions for market rent

market rent

noun
  1. (in Britain) the rent chargeable for accommodation, allowing for the scarcity of that kind of property and the willingness of tenants to pay
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012