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.

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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.

Pentecost (Greek, pentecostê, fiftieth)
Penthesilea
Penthouse
Pentreath (Dolly)
Peony (The)
People
People’s Charter (The)
Pepper
Pepper Gate
Pepper-and-Salt
Peppercorn Rent (A)
Peppy Bap
Per Saltum (Latin)
Perceforest (King)
Perceval (Sir)
Percinet
Percy [pierce-eye]
Perdita
Perdrix, toujours Perdrix
Père Duchêne
Père la Chaise