ground rent


noun

the rent at which land is let to a tenant either for a long term or perpetually.

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Origin of ground rent

First recorded in 1660–70
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

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British Dictionary definitions for ground rent

ground rent

noun

law the rent reserved by a lessor on granting a lease, esp one for a long period of years
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