[noun] [C] - a small dried fruit that looks like a seed and is crushed to produce pepper(UK and ANZ) A peppercorn rent is a very small amount of money that you pay as rent.Michael and Stephanie pay a peppercorn rent for their cottage in the moors.
PEPPERCORN
Meaning of PEPPERCORN in English
Cambridge English vocab. Кембриджский английский словарь. 2012