Outrageously Funny Word Dictionary :: Rerent

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What is the definition of rerental? 🙋

👉 Rerental is a concept in the field of economics, specifically in the context of property and real estate. It refers to the process by which an existing property or asset is purchased again at a lower cost than its original purchase price, often for resale or investment purposes. In other words, a "rerentier" buys a previously owned asset, such as a house, apartment, or land, then resells it for a profit. This can be done through various methods, including direct sales


rerental

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What is the definition of rerent? 🙋

👉 Rerent, also known as a renaissance, is an Italian word that refers to a period of time when something was in great demand or popularity. It can be used metaphorically to describe a situation where resources were abundant and people thrived due to a sudden surge in interest or enthusiasm for a particular activity or idea. In the context of economics, it could also refer to a period of high inflation, where prices were skyrocketing rapidly, leading to an oversupply of goods and services.


rerent

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