rent : money is paid to use another individual's property/ belongings (apartment, home, furniture, etc.) fare : money is paid to travel (bus ride, plane, etc.)
Untrended NOI Definition
Profit=any money made after expenses Rent=someone pays to use a property you own.
Rent is the consideration payable for the use of tangible assets i.e. Building and machinery etc. Royalty is the consideration payable for the use of special right in a tangible or intangible asset.
Generally, the phrase "property to rent" refers to any of a number of rental property types, such as apartments, houses, office buildings, acreage and more. A flat is a common term used to denote a single-floor apartment, as opposed to a townhouse or freestanding house, so the phrase "flats to rent" refers to only apartments.
Rent is a payment for natural gifts of nature like land. Quasi rent is a payment for man made appliances like machines.As the supply of land cannot be changed, rent persists in both short run and long run. But quasi rent is a short run phenomenon which disappears in the long run when the supply of man made goods is increased.Rent is permanent in nature while quasi rent is a temporary phenomenon.Rent is the disparity amidst total revenue and total costs. Conversely, quasi rent is difference between total revenue variable costs.Some economists regarded rent as unearned income. But quasi rent is a necessary payment which all factors of production receive due to their inelastic supply in the short run.Ricardo's rent arises due to differences in fertility of land. Marshall's quasi rent arises due to the scarcity of man made appliances in the short run.Rent cannot be zero but quasi rent can be zero when the short run price of the commodity equals its average variable cost.
Fare is like money related and fair is like a festive event
You rent something out.You hire something in.
The fare difference between economy and business class tickets for this flight is typically higher for business class tickets due to the added amenities and services provided.
manoeuvre war fare and manoeuvrist approach
No that is not the basic difference between the terms lease and rent. A lease is often a long term contract, where the details can't be altered. Rent is often more short term.
Prepaid rent is an asset and represents and advance payment for a future benefit Rent expense is an expense and is the expended portion of the rent consumed.
Untrended NOI Definition
Profit=any money made after expenses Rent=someone pays to use a property you own.
when you rent a car, you or an adult drives it but in a taxi a taxi man drives it, a complete stranger! :)
Published Fare: A fare immediately offered for purchase by the airline. This does not include heavily discounted flights usually offered to consolidaters.
Its the difference between the demand price and the supply price at the quota limit .
Deferred rent payable is the sum of the difference between a monthly rent payment and the monthly rent expense of an operating lease that contains escalated payments in future periods. The rent expense is the sum of all rent payments over the term of the lease divided by the number of periods contained in the lease otherwise known as straight-line amortization. This rent expense amount can/may differ from the monthly rent payments. The difference is deferred rent payable.