dead rent

dead rent. A mining-lease payment, either in addition to or as part of the royalty, that must be made whether or not the mine is working. • The purpose of the provision is to secure the working of the mine. See delay rental under RENTAL. [Cases: Mines and Minerals 70. C.J.S. Mines and Minerals §§ 218, 223–224.]

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词条贡献者

法律翻译Iris，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与资本市场有关的法律文件。