Definitions for rack-rent
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Random House Webster's College Dictionary
rackā²-rent`(n.)
rent equal to or nearly equal to the full annual value of a property.
Webster Dictionary
Rack-rent(noun)
a rent of the full annual value of the tenement, or near it; an excessive or unreasonably high rent
Rack-rent(verb)
to subject to rack-rent, as a farm or tenant
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"rack-rent." Definitions.net. STANDS4 LLC, 2013. Web. 21 May 2013. <http://www.definitions.net/definition/rack-rent>.

