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[rak-rent] /ˈrækˌrɛnt/

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


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