Definition of rent-seeking noun from the Oxford Advanced Learner's Dictionary



BrE BrE//ˈrent siːkɪŋ//
; NAmE NAmE//ˈrent siːkɪŋ//
[uncountable] (disapproving, economics)
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the practice of trying to change or control public policy or economic conditions in order to increase your own profits These government subsidies to favoured companies are a classic case of rent-seeking.

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