Definition, Meaning & Synonyms

quitrent

Noun

/ˈkwɪtˌrɛnt/

Definition

A payment made by a tenant to a landowner in exchange for the use of land, often a fixed amount rather than a share of the produce.

Examples

The farmer paid a quitrent to the lord for the use of the fields.
In some medieval societies, quitrents were established to ensure a steady income for landowners.
She inherited the land and continued to pay quitrent as her ancestors had.

Meaning

Quitrent is a type of land tenure where tenants pay a regular, typically annual, fee for the right to use land without providing labor or other goods in return.