RENT SEEKING

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

(economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through production or trade

Synonyms:

rent-seeking; rent seeking

Classified under:

Nouns denoting cognitive processes and contents

Hypernyms ("rent seeking" is a kind of...):

economic theory ((economics) a theory of commercial activities (such as the production and consumption of goods))

Holonyms ("rent seeking" is a part of...):

economic science; economics; political economy (the branch of social science that deals with the production and distribution and consumption of goods and services and their management)

Credits