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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.
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verb (used with object)
  1. to exact the highest possible rent for.
  2. to demand rack-rent from.
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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
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verb
  1. to charge an extortionate rent for (property, land, etc)
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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