Wordnet 3.0
NOUN (1)
1.
an unearned rise in the market value of property resulting from general market factors;
The Collaborative International Dictionary of English v.0.48:
Unearned \Un*earned"\, a.
Not earned; not gained by labor or service.
[1913 Webster]
Unearned increment (Polit. Econ.), a increase in the value
of land due to no labor or expenditure on the part of the
owner, but to natural causes, such as the increase of
population, the growth of a town in the vicinity, or the
like. Some hold that this should belong to the nation.
[1913 Webster]
WordNet (r) 3.0 (2006):
unearned increment
n 1: an unearned rise in the market value of property resulting
from general market factors