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market rent

(in Britain) the rent chargeable for accommodation, allowing for the scarcity of that kind of property and the willingness of tenants to pay
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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  • My tenant pays the market rent of houses to me, and so both parties are benefited.

    Letters to the Clergy John Ruskin

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