unearned increment

American  

noun

1. the increase in the value of property, especially land, due to natural causes, as growth of population, rather than to any labor or expenditure by the owner.

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unearned increment British  

noun

1. a rise in the market value of landed property resulting from general economic factors

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Etymology

Origin of unearned increment

First recorded in 1870–75

Example Sentences

See Examples For:

unearned increment

But severe levies on unearned increment jack up the rate in some brackets as high as the Federal tax.

From Time Magazine Archive

Adoption of the single tax would do away with the profits which come from land appreciation and are known as unearned increment or economic rent.

From Time Magazine Archive

And we must get at the unearned increment for the benefit of the people of London, who create it.

From Socialism and Democracy in Europe by Samuel P. Orth

Sun proposed an ingenious scheme for the government confiscation of unearned increment in an economy which would nevertheless permit private ownership of land.

From The Political Doctrines of Sun Yat-sen: An Exposition of the San Min Chu I by Paul Myron Anthony Linebarger

He was a man so skilful with his miscellaneous accounts that from his unearned increment he did all things that he willed.

From Wang the Ninth The Story of a Chinese Boy by B. L. (Bertram Lenox) Putnam Weale