| NOUN | possession | peppercorn rent | very low or nominal rent |
|---|
| Meaning | Very low or nominal rent. | |
|---|---|---|
| Region | United Kingdom, UK, U.K., Britain, United Kingdom of Great Britain and Northern Ireland, Great Britain | A monarchy in northwestern Europe occupying most of the British Isles |
| Broader | rent | A payment or series of payments made by the lessee to an owner for use of some property, facility, equipment, or service |
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