or rent seek·ing
[ rent-see-king ]
/ ˈrɛntˌsi kɪŋ /
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.
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OTHER WORDS FROM rent-seekingrent-seeker, noun
Words nearby rent-seeking
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
Example sentences from the Web for rent-seeking
Our regulatory structures too often encourage deindustrialization and rent-seeking.