Flashcards: Renting

Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (i.e. the amount borrowed).

As a legal term, ground rent specifically refers to regular payments made by a holder of a leasehold property to the freeholder or a superior Leaseholder, as required under a lease.

In economics, economic rent is any payment to a factor of production in excess of the cost needed to bring that factor into production.

Redbox Automated Retail, LLC specializes in DVD, Blu-ray, and video game rentals via automated retail kiosks.

Rent.com a leading apartment search website on the Internet catering to the millennial population.

RadPad is a photo-based mobile application where renters can find a new apartment, condo, or home easily via a transparent process with property owners.

Rent regulation is a system of laws, administered by a court or a public authority, which aim to ensure the quality and affordability of housing and tenancies on the rental market for land.

Aaron's, Inc. is a lease-to-own retailer.

A security deposit is a sum of money held in trust either as an initial part-payment in a purchasing process (often used to prevent the seller selling an item to someone else during an agreed period of time while the buyer verifies the suitability of the item, or arranges finance) - also known as an earnest payment, or else, in the course of a rental agreement to ensure the cost of repair in relation to any damage explicitly specified in the lease and that did in fact occur.

A video rental shop/store is a physical business that rents home videos such as movies and prerecorded TV shows.

RentHop is a web and mobile-based search engine that allows users to search for apartments in New York City, Boston, Chicago, and other major metropolitan areas.

Zumper is an apartment rental website which enables its users to search through real, live-time listings across the USA.

Roomorama was founded in 2009 by Jia En Teo and Federico Folcia.

Imputed rent is an estimate in economic theory of the rent a house owner would be willing to pay to live in his or her own house.