Rack-rent
[rak-rent] /ˈrækˌrɛnt/
noun
1.
Also, rack rent. rent equal to or nearly equal to the full annual value of a property.
verb (used with object)
2.
to exact the highest possible rent for.
3.
to demand rack-rent from.
noun
1.
a high rent that annually equals or nearly equals the value of the property upon which it is charged
2.
any extortionate rent
verb
3.
to charge an extortionate rent for (property, land, etc)
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