What is RENTE?

In French law. Rente is the annual return which represents the revenue of a capital or of an immovable alienated. The constitution of rente is a contract by which one of the parties lends to the other a capita] which he agrees not to recall, in con- sideration of the borrower’s paying an annual interest. It is this interest which is called “rente.” Duverger. The word is therefore nearly synonymous with the English “annuity.” “Rentes,” is the term applied to the French government funds, and “rentier” to a fund- holder or other person having an income from personal property. Wharton.

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