Fixed periodic payment made by a tenant or occupant of property to the owner for the possession and use thereof usually by the prior agreement of parties.

The amount of Rent paid for the occupancy and use of real property. Typically stated on a per square foot per month or per year basis.

the periodic charge per unit for the use of a property. The period may be a month, quarter, or year. The unit may be a dwelling unit, square foot, or other unit of measurement.