Legal Definitions - rentage

Definition: Rentage refers to the act of renting or the amount paid for renting something.

Example 1: The rentage for the apartment was $1000 per month.

Example 2: The rentage for the car was $50 per day.

These examples illustrate how rentage is used to refer to the amount paid for renting something. In example 1, the rentage is the monthly amount paid for renting an apartment. In example 2, the rentage is the daily amount paid for renting a car.