университета Definitions of “rent” in Russian and English: commons and differences The term "rent" and the concept it designates originated in ancient Rome. Latin “reddita” means "given." Because of the differences in the Russian and English languages it’s interesting to know, which meanings is embedded in each of these languages in the word "rent". To reveal this sense, it is necessary to analyze the definition of rent existing in both Russian and English.
In The dictionary of foreign words that are included in the Russian language by Chudinov "rent" – a continuous cash income; interest on securities; as the annual income from the estate, leases; life income.
In The dictionary of foreign words by Komleva "rent" – (finance) regularly received income from capital, bonds, property or land, which does not require the recipient to further business.
In The full dictionary of words that are included in the use of the Russian language by Popov rent in the broad and narrow sense. Rent in the broad sense – any given income from money capital. In a narrow sense – land rent, the income of the land owner.
In The dictionary of foreign words that are included in the Russian language by Pavlenkova "rent" – a certain capital gains, interest or interest and repayment on capital employed, paid periodically. Also specifically stated that the rent of the land called ground rent and represents the income received for the using land of the landowner.
In the Michaelson’s book "Explanation 25,000 foreign words entered into use in the Russian language, with signification of their roots" "rent" – the annual income
.In New dictionary of foreign words by EdwART “rent" is defined as the income received regularly from the capital, property or land, does not require the recipient of business, income derived by the owner on government bonds.
In the Explanatory Dictionary of Foreign Words by Krysina "rent" – capital gains, property or land, does not require the recipient's business.
In The dictionary by Ushakov "rent": 1. Income, which is the surplus value received by owners of money capital or land and does not require the recipient's business activities, 2. Determining the annual amount paid by the insurance company to the insured, 3. Perpetual state loan, bringing the bond holders a steady income.
In Law Dictionary "rent" – income that is not associated with a business and get a regular investor in the form of interest from the provided rental reservations (credit) capital, and the landowner – in the form of rent from the leased land. May be charged for the use of other property, including housing, natural resources. In many countries – income received by the owner on government bonds.
In Modern Encyclopedia "rent" – get a regular income from capital, property or land, does not require the recipient's business.
Despite the differences in the interpretation of the term "rent", it’s possible, however, provide the basic phenomena underlying the concept of "rent":
2. Determining the annual amount paid by the insurance company to the insured;
3. Income received by the holders of government bonds.
You can also display the main features of the rent:
1. Regular income;
2. Income which is not related to the business;
3. Income derived from the use assets or capital of another person.
In English language there are following meanings of the term “rent”.
Etymology 1 (Old French rente, from Vulgar Latin rendere ("to render"):
“rent” is a payment made by a tenant at intervals in order to occupy a property;
“rent” is a similar payment for the use of equipment or a service;
“rent” (economics) A profit from possession of a valuable right, as a restricted license to engage in a trade or business.
Etymology 2 (Middle English renten ("to tear"). Variant form of renden):
A tear or rip in some surface.
A division or schism between two things.
In Merriam Webster Dictionary:
Etymology 1. “Rent” is:
property (as a house) rented or for rent;
a : a usually fixed periodical return made by a tenant or occupant of property to the owner for the possession and use thereof; especially : an agreed sum paid at fixed intervals by a tenant to the landlord;
b : the amount paid by a hirer of personal property to the owner for the use thereof;
a : the portion of the income of an economy (as of a nation) attributable to land as a factor of production in addition to capital and labor;
b : economic rent - available for use or service in return for payment;
Etymology 2. “Rent” is:
to grant the possession and enjoyment of in exchange for rent;
to take and hold under an agreement to pay rent.
to be for rent
a : to obtain the possession and use of a place or article in exchange for rent;
b : to allow the possession and use of property in exchange for rent.
Rent is in common usage, payment made in return for the right to use property belonging to another. In classical economics, rent was the income gained from cultivated or improved land after the deduction of all production costs. In modern economic usage, rent is the difference between the total return to a factor of production (land, labour, capital) and its supply price, the minimum amount necessary to attain its services. Rent plus opportunity cost make up the total income paid to a productive resource. Efforts made by a resource owner to obtain monopoly profit is considered rent-seeking behaviour.
In Encyclopedia Britannica:
Rent, in economics, the income derived from the ownership of land and other free gifts of nature. Apart from renting land, it is of course possible to rent (in other words, to pay money for the temporary use of any property) houses, automobiles, television sets, and lawn mowers on the understanding that the rented item is to be returned to its owner in essentially the same physical condition.
In dictionary of dictionary.infoplease.com:
Noun: 1. a payment made periodically by a tenant to a landlord in return for the use of land, a building, an apartment, an office, or other property. 2. a payment or series of payments made by a lessee to an owner in return for the use of machinery, equipment, etc. 3. Econ.the excess of the produce or return yielded by a given piece of cultivated land over the cost of production; the yield from a piece of land or real estate. 4. profit or return derived from any differential advantage in production. 5. Obs.revenue or income. 6. for rent, available to be rented, as a home or store: an apartment for rent.
1. to grant the possession and enjoyment of (property, machinery, etc.) in return for the payment of rent from the tenant or lessee. (often fol. by out).
2. to take and hold (property, machinery, etc.) in return for the payment of rent to the landlord or owner.
1. to be leased or let for rent: This apartment rents cheaply.
2. to lease or let property. 3. to take possession of and use property by paying rent: She rents from a friend.
1. an opening made by rending or tearing; slit; fissure.
2. a breach of relations or union between individuals or groups; schism. In The free dictionary:
1. a. Payment, usually of an amount fixed by contract, made by a tenant at specified intervals in return for the right to occupy or use the property of another.
b. A similar payment made for the use of a facility, equipment, or service provided by another.
2. The return derived from cultivated or improved land after deduction of all production costs.
3. The revenue yielded by a piece of land in excess of that yielded by the poorest or least favorably located land under equal market conditions. Also called economic rent.
As transitive verb:
1. To obtain occupancy or use of (another's property) in return for regular payments.
2. To grant temporary occupancy or use of (one's own property or a service) in return for regular payments: rents out TV sets.
As intransitive verb:
To be for rent: The cottage rents for $1,200 a month.
Idiom: for rent
Available for use or service in return for payment.
A past tense and a past participle of rend.
1. An opening made by rending; a rip.
2. A breach of relations between persons or groups; a rift.
As noun in slang:
A parent. Often used in the plural: had to stay home with the rents.
There are many other dictionaries and it all in general says the same. So in English the term “rent” has the following meanings: Rent is payment made in return for the right to use property belonging to another. Rent is the return derived from cultivated or improved land after deduction of all production costs (economic rent). Rent is profit or return derived from any differential advantage in production. In expression “for rent”, available to be rented, as a home or store: an apartment for rent.
In conclusion we can say that there are common meanings of the term “rent” and the different. The common are: rent is – 1) payment made in return for the right to use property belonging to another; 2) the return derived from cultivated or improved land after deduction of all production cost. The different meanings are: “rent” in Russian is – 1) determining the annual amount paid by the insurance company to the insured; 2) income received by the holders of government bonds; in English “rent” is – 1) profit or return derived from any differential advantage in production; 2) in expression “for rent”, available to be rented, as a home or store: an apartment for rent.