Brewer's: Peppercorn Rent

(A). A nominal rent. A pepper-berry is of no appreciable value, and given as rent is a simple acknowledgment that the tenement virtually belongs to the person to whom the peppercorn is given.

Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
Peppy Bap
Pepper-and-Salt
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