UNEARNED INCREMENT


Meaning of UNEARNED INCREMENT in English

Function: noun

Date: 1871

: an increase in the value of property (as land) that is due to no labor or expenditure of the owner but to causes (as the increase of population) that create an increased demand for it

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.