Definitions for unearned increment
This page provides all possible meanings and translations of the word unearned increment
Random House Webster's College Dictionary
the increase in the value of property, esp. land, due to natural causes, as growth of population.
Origin of unearned increment:
an unearned rise in the market value of property resulting from general market factors
Unearned increment is an increase in the value of land or any property without expenditure of any kind on the part of the proprietor; it is an early statement of the notion of unearned income. It was coined by John Stuart Mill, who proposed taxing it. Mill's concept was refined and developed by nineteenth-century economist Henry George in his book Progress and Poverty. This article incorporates text from a publication now in the public domain: Wood, James, ed.. "". The Nuttall Encyclopædia. London and New York: Frederick Warne.
The Nuttall Encyclopedia
increase in the value of land or any property without expenditure of any kind on the part of the proprietor.
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"unearned increment." Definitions.net. STANDS4 LLC, 2014. Web. 28 Jul 2014. <http://www.definitions.net/definition/unearned increment>.