Pollination is the process of pollen being transferred from the male part of a flower called an anther to the female part of a flower called a stigma. Animals, birds, and insects that carry the pollen between flowers are called pollinators. Pollination is essential to the survival of plants because it is part of their reproductive process. It is equally important for people because without pollination we would not have vegetables and fruits to eat.
DEFINITION of 'Rent Control'. A price control that limits the amount a property owner can charge for renting out a home, apartment or other real estate. Rent control acts as a price ceiling by preventing rents either from being charged above a certain level or from increasing at a rate higher than a predetermined percentage.
What is 'Economic Rent'. Economic rent is an excess payment made to or for a factor of production over the amount required by the property owner to proceed with the deal. This often occurs when a buyer, working to attain a good or service that is considered exclusive, makes an offer prior to hearing what a seller considers an acceptable price.