Rent
a sum of money, or other valuable consideration, payable periodically for the use of lands or tenements; the return made to the owner by the occupier or user of any corporeal inheritance. It does not necessarily consist in money.
Adam Smith considers rent as the price paid for the use of land. Ricardo and his followers considered that the rent of superior soils is equal to the difference between their produce and that of the worst soils cultivated. There is great doubt as to the accuracy of this ant for purpose of cultivation is analant for purpose of cultivation is analrent of the land is virtually the interest on the land viewed as a loan. See SINGLE TAX.