Renting Meaning: Definition, Examples, and Translations
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renting
[หrษntษชล ]
Definitions
real estate
The action of renting property; the state of being rented.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| renting |
As previously described, used when paying for temporary use of property, vehicles, or equipment usually for a longer period.
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| leasing |
Used in financial and business contexts to describe long-term rental agreements, often involving equipment, property, or vehicles. Leasing often includes terms for purchase at the end of the lease.
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| letting |
Common in British English, it refers to renting out a property to someone. Usually denotes the act of a landlord offering property for rent.
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| hire |
Often used in British English to mean renting something temporarily, usually for a shorter period. Can also refer to employing someone.
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Examples of usage
- The renting market is booming in the city.
- She decided to invest in renting out apartments for extra income.
general
The payment made by a tenant at intervals in order to occupy a property.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| renting |
Used when you temporarily pay to use something such as an apartment, a car, or equipment. Often for a longer-term period.
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| payment |
A general term for any act of paying money, whether it's a single instance or recurring. Applied broadly to many situations.
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| fee |
Typically a payment made to a professional person or to an institution, often regularly or for a specific service. Implies a formal context.
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| charge |
Refers to the amount of money required for a service or product, often one-time. Can also mean an accusation or responsibility but generally focuses on the cost in this context.
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Examples of usage
- The monthly rent includes all utilities.
- He couldn't afford the rent for the apartment.
informal
A particular instance of renting something.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| renting |
This word is commonly used when you pay to use something, usually for a longer period, and typically applies to property or larger items like cars.
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| hire |
Hire is often used in the context of employing someone, but it can also refer to renting something for a short period, especially in British English.
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| loan |
Loan typically refers to borrowing money from a bank or financial institution. It can also be used when borrowing an item, usually without a fee involved, for a certain period.
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| letting |
Letting is primarily used in British English and refers to the act of renting out a property to someone. It usually involves landlords and tenants.
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Examples of usage
- I need to return the DVD I got on rent last week.
- The car rental service has good reviews.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Historical Origins
- The concept of renting dates back to ancient Mesopotamia, where land and properties were rented out for agriculture.
- In medieval Europe, renting became common as many people did not own land and needed places to live or work.
- The term 'rent' comes from the Old French word 'rente,' which means 'income' or 'revenue,' reflecting the landlord's earnings.
Legal Aspects
- Rental agreements, also known as leases, are legal documents that outline the relationship between a landlord and tenant, protecting their rights.
- Most countries have specific laws regarding tenant protections, such as regulations against unfair eviction or rent increases.
- The Fair Housing Act in the U.S. ensures renters cannot be discriminated against based on personal characteristics like race or gender.
Economic Impact
- Renting contributes significantly to local economies, providing revenue to landlords and fostering housing availability.
- In urban areas, the rental market often reflects economic fluctuations, affecting housing prices and availability.
- Many people choose to rent as it offers flexibility and lower upfront costs compared to buying a home, especially in expensive cities.
Cultural Perspectives
- In some cultures, renting is seen as a practical choice, while others view homeownership as a sign of stability and success.
- The rise of shared living spaces and co-housing reflects changing attitudes toward community and renting in modern society.
- Popular television shows often depict the struggles of young adults navigating the rental market, raising awareness about housing challenges.
Sustainability
- Renting can be viewed as a more sustainable lifestyle choice, allowing people to access homes without the need for extensive resource consumption involved in ownership.
- The sharing economy has influenced renting practices, encouraging shared or rental services for items like cars, tools, and even clothing.
- As cities grow, renting can help reduce urban sprawl, preserving green spaces and promoting efficient land use.
Origin of 'renting'
The word 'renting' originates from the Old French word 'renter', which means 'to yield' or 'to surrender'. It has been used in the English language since the 14th century. Initially, it referred to paying a fee for temporary use of something. Over time, the term 'renting' has evolved to encompass various forms of leasing or hiring properties or goods for a specified period in exchange for payment.
Word Frequency Rank
At position #14,201, this word is part of sophisticated English vocabulary. It's useful for academic or professional contexts where precise language is needed.
- ...
- 14198 gripping
- 14199 fastening
- 14200 teller
- 14201 renting
- 14202 unoccupied
- 14203 undulating
- 14204 archival
- ...