peppercorn rent definition

  • noun:
    • A nominal lease; initially a single peppercorn.
    • Any really small rent.
    • really low or nominal lease

Related Sources

  • Hypernym for "peppercorn rent"
53 votes

How would you define peppercorn rent?

All the definitions on AZdictionary were written by people just like you. Now's your chance to add your own!