rent-seeking /ɹɛnt siːkɪŋ/ noun2 •The attempt to profit by manipulating the economic or political environment, for example, by seeking governmental action that restricts entry into a market.It is almost certain that ‘rent-seeking’ would be a significant factor in a capitalist economy where the government encourages cartelization or confers ‘a leading sector’ role on any sector. — 1990 •The effort to increase one's share of wealth without doing something productive or adding value.
