peppercorn rent

/ˌpɛpərˈkɔrn rɛnt/
IPA guide

Other forms: peppercorn rents

Definitions of peppercorn rent
  1. noun
    very low or nominal rent
    see moresee less
    type of:
    rent
    a payment or series of payments made by the lessee to an owner for use of some property, facility, equipment, or service
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