rent 1 
(rĕnt)
(rĕnt)n.
1.
a. Payment, usually of an amount fixed by contract, made by a tenant at specified intervals in return for the right to occupy or use the property of another.
b. A similar payment made for the use of a facility, equipment, or service provided by another.
2. The return derived from cultivated or improved land after deduction of all production costs.
3. The difference between the price paid for use of a resource whose supply is inelastic and the minimum price at which that resource would still be provided. Also called economic rent.
v. rent·ed, rent·ing, rents
v.tr.
1. To obtain occupancy or use of (another's property) in return for regular payments.
2. To grant temporary occupancy or use of (one's own property or a service) in return for regular payments: rents out TV sets.
v.intr.
Idiom: To be for rent: The cottage rents for $1,200 a month.
for rent
Available for use or service in return for payment.
[Middle English rente, from Old French, from Vulgar Latin *rendita, from feminine past participle of *rendere, to yield, return; see RENDER.]
rent′a·bili·ty n.
renta·ble adj.