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Rent means actually borrowing something in return for payment on a continuous basis for the right to continue to borrow that item. People can rent various things including equipment or housing, inter alia. In essence, when you are making a loan from whatever source, you are borrowing that money. Any interest you pay on the money that you still owe is considered the "rent" for that money.

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11y ago
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9y ago

Rent is a Broadway musical about people living with AIDS in New York in the 90's.

There's Mark Cohen, a guy who dreams of filming his own documentaries.

Roger, a washed-up rock star with AIDS. He is severely depressed.

Collins, an anarchist/ philosophy professor with AIDS.

Angel, a transvestite with AIDS. Extremely kind. Makes a lot of money drumming on the street.

Mimi, 19 year old Hispanic stripper with AIDS and a druggie.

Maureen, performer, drama queen, and bisexual.

Joanne, lawyer, lesbian, very smart and structured.

Benny, landlord. He betrays his friends Mark and Roger on more than one occasion.

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13y ago

Rent is considered a shelter expense, or can be considered a utility expense. If you're thinking of it from a business perspective for accounting, rent is considered an operational expense.

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