or rent seek·ing
- the act or process of using one’s assets and resources to increase one’s share of existing wealth without creating new wealth.
- (specifically) the act or process of exploiting the political process or manipulating the economic environment to increase one’s revenue or profits: Rent-seeking by lobbyists succeeded in obtaining favorable tariff treatment for the company’s exports.
Origin of rent-seeking
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for rent-seeking
Our regulatory structures too often encourage deindustrialization and rent-seeking.It's All Medicare All the Time
August 16, 2012