The Daily Compass.

Your trusted source for clear, balanced news and essential information.

technology insights

Payment that's often due on the first day of each month

By Mia Russell
•of Rend•To rant.•imp. & p. p. of Rend.•An opening made by rending; a break or breach made by force; a tear.•Figuratively, a schism; a rupture of harmony; a separation; as, a rent in the church.•To tear. See Rend.•Income; revenue. See Catel.•Pay; reward; share; toll.•A certain periodical profit, whether in money, provisions, chattels, or labor, issuing out of lands and tenements in payment for the use; commonly, a certain pecuniary sum agreed upon between a tenant and his landlord, paid at fixed intervals by the lessee to the lessor, for the use of land or its appendages; as, rent for a farm, a house, a park, etc.•To grant the possession and enjoyment of, for a rent; to lease; as, the owwner of an estate or house rents it.•To take and hold under an agreement to pay rent; as, the tennant rents an estate of the owner.•To be leased, or let for rent; as, an estate rents for five hundred dollars a year.