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

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

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

From Time Magazine Archive

The appropriation of the unearned increment by the taxation and rating of ground values?

From Socialism and Democracy in Europe by Samuel P. Orth

There can be little question that Sun's particular method of solving the problem was influenced by the idea of unearned increment.

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

Taxes would go to the Chinese state, the land rent system would be corrected, and unearned increment would be confiscated under a somewhat novel tax scheme proposed by Sun Yat-sen.

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