Meaning & Definition of word "Rentable"
Rentable
/ˈrɛntəbl/
adjective:
- 1. Capable of being rented or leased; suitable for renting.
- Example: The apartment is in a desirable location, making it very rentable.
- 2. Generating a profit from rental activities.
- Example: The office space was highly rentable, attracting numerous businesses.
- 3. Having the potential to yield income through leasing.
- Example: They invested in several properties that they believed would be rentable in the coming years.
Etymology
●Derived from the word 'rent' combined with the suffix '-able', indicating capability.
Common Phrases and Expressions
rentable property:
A property that can be leased to tenants for income.
rentable income:
Income generated from renting properties.
Related Words
rental:
The action of renting something, typically property.
lease:
A legal agreement granting use or occupation of property during a specified time for a specified payment.