Definition, Meaning & Synonyms
rent-land
Noun
/ˈrɛnt-lænd/
Definition
Land that is leased or rented from a landlord by an individual or entity for a specified period.
Examples
- They decided to rent-land for their new agricultural project instead of buying it.
- Rent-land can be more affordable than purchasing property outright.
- Local farmers often opt for rent-land to minimize their investment risks.
Meaning
Rent-land refers to property that is not owned by the individual or business occupying it; instead, they have a rental agreement allowing them to use the land for various purposes.
Synonyms
- Leased land
- Rented property
- Tenanted land