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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.


unearned increment British  

noun

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

"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

Etymology

Origin of unearned increment

First recorded in 1870–75

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

"Unearned increment" is one of those accidental incidents of life which can hardly be controlled or reckoned with.

From A Tale of One City: the New Birmingham Papers Reprinted from the "Midland Counties Herald" by Anderton, Thomas