Definition of unearned increment in English:
An increase in the value of land or property without labour or expenditure on the part of the owner.
- 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.
Definition of unearned increment in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan