Definition of unearned increment in English:

unearned increment

Syllabification: un·earned in·cre·ment

noun

  • An increase in the value of land or property without labor or expenditure on the part of the owner.
    More example sentences
    • But a larger equity problem is that sellers of development rights are being allowed to capture an unearned increment in land value brought on largely by public investment in infrastructure.
    • He explained that where compensation of some form was to be provided for the loss of the unearned increment in land values, further economic distortion would result.
    • George, like all other economists, used the term unearned increment to apply to increases in value that occurred separately from the things discussed by Harris.

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Word of the day grotesquerie
Pronunciation: grəʊˈtɛskəri
noun
grotesque quality or grotesque things collectively