rent-seeking
or rent seek·ing
[ rent-see-king ]
/ ˈrɛntˌsi kɪŋ /
noun Economics.
the act or process of using one’s assets and resources to increase one’s share of existing wealth without creating new wealth.
(specifically) the act or process of exploiting the political process or manipulating the economic environment to increase one’s revenue or profits: Rent-seeking by lobbyists succeeded in obtaining favorable tariff treatment for the company’s exports.
Origin of rent-seeking
First recorded in 1970–75;
(economic) rent +
seeking
OTHER WORDS FROM rent-seeking
rent-seek·er, nounWords nearby rent-seeking
rent table,
rent-a-,
rent-a-car,
rent-free,
rent-roll,
rent-seeking,
rent-stabilized,
rental,
rental collection,
rental library,
rente
Example sentences from the Web for rent-seeking
Our regulatory structures too often encourage deindustrialization and rent-seeking.