HyperDic: rent_seeking

English > 1 sense of the expression rent seeking:
NOUNcognitionrent seeking, rent-seeking(economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through production or trade
English > rent seeking: 1 sense > noun 1, cognition
Meaning(economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through production or trade.
Synonymrent-seeking
Part ofeconomics, economic science, political economyThe branch of social science that deals with the production and distribution and consumption of goods and services and their management
Broadereconomic theory(economics) a theory of commercial activities (such as the production and consumption of goods)

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