What does resource rent mean?

Definitions for resource rent
re·source rent

This dictionary definitions page includes all the possible meanings, example usage and translations of the word resource rent.

Wikipedia

  1. Resource rent

    In economics, rent is a surplus value after all costs and normal returns have been accounted for, i.e. the difference between the price at which an output from a resource can be sold and its respective extraction and production costs, including normal return. This concept is usually termed economic rent but when referring to rent in natural resources such as coastal space or minerals, it is commonly called resource rent. It can also be conceptualised as abnormal or supernormal profit. In practice, identifying and measuring (or collecting) resource rent is not straightforward. At any point in time, rent depends on the availability of information, market conditions, technology and the system of property rights used to govern access to and management of resources.

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Numerology

  1. Chaldean Numerology

    The numerical value of resource rent in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of resource rent in Pythagorean Numerology is: 8


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"resource rent." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/resource+rent>.

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