Rentier
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A rentier (/ˈrɒnti.eɪ/ or /rɑ̃ˈtjeɪ/) is a person or entity that receives income derived from economic rents, which can include income from patents, copyrights, brand loyalty, real estate (land), interest or profits; this is a transfer of the French term rentier with a change of meaning from "one who derives income from rentes", i.e. in a French context, state bonds ("Rentes: A French word, originally meaning the fee of the tenant to his landlord, now [circa 1905, from internal evidence in other entries] signifying the interest on the consolidated debt. Rentes are exempt from all taxation, except those taxes on succession and donation. The French public debt is about £1,000,000,000. The number of rentiers or fundholders is estimated at about 1,000,000."[1]). Associated terms include:
See also
- FIRE economy
- Capitalist
- Financial capitalism
- Georgism
- land value tax
- Parasitism (social offense)
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References
- ↑ Bower, Frank (1905). Dictionary of Economic Terms. London: George Routledge & Sons ltd. p. 141.