peppercorn rent
ریشه و کاربرد
ریشه
From the Middle English word 'pepercorn', from the Old English word 'piporcorn', from the Latin words 'piper' (pepper) and 'cornu' (berry), and the word 'rent' meaning payment.
مثال
- The tenant pays a peppercorn rent of one dollar per year.
- The peppercorn rent is a symbolic gesture rather than a significant payment.
- The agreement states that the peppercorn rent will remain unchanged for ten years.
تعریف انگلیسی
noun
- very low or nominal rent