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rack-rent

[rak-rent]
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noun
  1. Also rack rent. rent equal to or nearly equal to the full annual value of a property.
verb (used with object)
  1. to exact the highest possible rent for.
  2. to demand rack-rent from.

Origin of rack-rent

First recorded in 1600–10
Related formsrack-rent·er, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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British Dictionary definitions for rack-rent

rack-rent

noun
  1. a high rent that annually equals or nearly equals the value of the property upon which it is charged
  2. any extortionate rent
verb
  1. to charge an extortionate rent for (property, land, etc)
Derived Formsrack-renter, noun

Word Origin

C17: from rack 1 (sense 12) + rent 1
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