PEPPERCORN RENT
(noun)Definitions
There is 1 meaning of the phrase
Peppercorn Rent.
Peppercorn Rent - as a noun
Very low or nominal rent
Example Sentences
"The landlord agreed to charge a peppercorn rent for the historical property."
"The company leased the office space at a peppercorn rent to support the startup's growth."
"The artist was allowed to use the gallery for a peppercorn rent in exchange for exhibiting their artwork."
"The nonprofit organization was offered the premises at a peppercorn rent to carry out their charitable activities."
"The government agency rented the building for a peppercorn rent to establish a community center."
