rack rent

noun

The full rental value of a property, including both land and improvements, if it were subject to an immediate open market rent review.

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Meanings

nounrack rent (countable and uncountable, plural rack rents)

plural rack rents · alternative rack-rent · alternative rackrent

  1. countableformaluncountablelawThe full rental value of a property, including both land and improvements, if it were subject to an immediate open market rent review.
  2. countablehistoricalinformaluncountableAn excessive rent.

    Number 10 was a prosperous-looking young Italian, Signor Tomelli, who possibly had plenty of money from rackrents in Milan and would probably play a dashing and foolish game. He might lose his temper and make a scene.

    1953, Ian Fleming, “The High Table”, in Casino Royale, London: Pan Books, published 1955, page 73
Cite this entry
APA

rack rent. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/rack%20rent

MLA

“rack rent.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/rack%20rent. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “rack rent,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/rack%20rent.

Source: rack rent on Wiktionary, CC BY-SA 4.0.