As part of a percentage rent, I need to pay my landlord 10% of my monthly revenue, but no lower than $10,000.

Therefore, I automatically pay $10,000 at the beginning of each month. So let's say we're dealing with January. I pay $10,000, and shortly into February, I have determined my monthly revenue, and 10% of it is $15,000. Now I need to pay an additional $5,000 for January, instead of all 10% of my revenue (because I already put down $10,000).

Now, what is the word for what we did to the 10% of revenue to use only the portion needed to leave the landlord with only $15,000?

Example sentence:

Because I have already paid $10,000, we must _________ the $15,000.

The word offset has been suggested, but I do not think it is an accurate choice.

Also - please make suggestions that fit in the example sentence above, the structure is quite important to my question.

  • 1
    "For January's rent we owe $15,000, less the $10,000 we have already paid."
    – jimm101
    Feb 1, 2017 at 15:23
  • Because I have already paid $10,000, we must pay the difference to make up the $15,000. Feb 1, 2017 at 20:05
  • Because I have already paid $10,000, we must pay the residual of $5000 on the total of $15,000.
    – Polymath
    Feb 7, 2017 at 16:12
  • please make suggestions that fit in the example sentence above, the structure is quite important to my question. This is a great example of someone trying to fit a square peg in a round hole.
    – user152004
    Feb 10, 2017 at 8:25

6 Answers 6


You deduct the advance payment ($10,000 in this case) from the final/total rent payable.

Because I have already paid $10,000, we must deduct it from the total ($15,000).


deduct VERB

[WITH OBJECT] Subtract or take away (an amount or part) from a total:
‘tax has been deducted from the payments’

‘Any severance already paid to the workers will be deducted from that amount, the judge ruled.’


deduct (something) from (something else)
to subtract an amount from another amount.
Mr. Wilson deducted the discount from the bill.

McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.


Verb deduct (third-person singular simple present deducts, present participle deducting, simple past and past participle deducted)
To take one thing from another; remove from; make smaller by some amount.
I will deduct the cost of the can of peas from the money I owe you.


... we must pay the balance.

See also this entry.


Offset is fine, but you don't offset the $15000. You offset the $10k against that sum.

Because I have already paid $10,000, we must offset it against the $15,000.

Oxford's definition isn't particularly helpful, but there is an example which matches, noting how tax liability can be reduced by charitable donations already made:

offset verb
[with object] Counteract (something) by having an equal and opposite force or effect:

‘donations to charities can be offset against tax’

Other examples, showing a slightly different usage:

  • The cost would be roughly $1.5 billion, which he says would be offset with spending cuts. [online.wsj.com]
  • The cost of the program was partly offset with a $1 million grant from Mercury Insurance. [dailynews.com]

In both usages, offset against and offset with, the larger sum is as stated and the smaller sum is offset.

  • It seems to me that was is being counteracted here is the $15k - according the the rules, I need to pay the 10% which is 15,000. The $10,000 I have already paid counteract that amount.
    – DAE
    Feb 8, 2017 at 8:25
  • As I said, the Oxford definition is not very helpful. Their example shows it in use, in a situation which is analogous to yours. A sum already paid is offset against a sum due.
    – Andrew Leach
    Feb 8, 2017 at 9:12
  • Thanks for you answers. I find it hard to get a clear understanding by skipping the definition and using the example (i've seen this definition in other dictionaries also, and it really seems to be what I suggested), which is why I'm reluctant to award you the bounty. Can you back this up further?
    – DAE
    Feb 12, 2017 at 8:00
  • Alternatively, couldn't we offset the 15k with the 10k? See here for some examples: fraze.it/…
    – DAE
    Feb 12, 2017 at 8:11
  • You can use offset with, but it's still the smaller sum which is offset.
    – Andrew Leach
    Feb 12, 2017 at 10:06

The overage is exactly the term for the additional increment of rent that you must pay:

overage, 1: Rental increment tied to sales or profit that is in addition to the flat rental fee. Assume a retail store in a mall is charged a base rental of $5,000 per month plus 2% of sales. If sales are $100,000, the overage would be $2,000 and total rental would be $7,000.

So, for your hypothetical month of February, your overage is $5,000, your total rental is $15,000, from which you debit the $10,000 base rental already paid.

To fit your sentence:

Because I have already paid $10,000, we must debit it from the $15,000.

To fit more common usage, the sentence should use the form be debited somehow:

Because I already paid my base rent, $10,000 should be debited from this month's rent of $15,000.

  • It might well be, and it's not the point, Gnawme. That's not what was asked Feb 10, 2017 at 0:31
  • @RobbieGoodwin If you read the entire answer, I filled in the blank of the sentence the OP wanted completed.
    – Gnawme
    Feb 10, 2017 at 5:45
  • Thanks Gnawme and while that looks fine in ordinary English two things. 1) We're not talking about ordinary English, but a rather specialised vocabulary where a mistake could cost the poor guy a lot of money 2) You didn't fill in the sentence. You changed it for another, even though the poor guy had specifically stressed: 'Also - please make suggestions that fit in the example sentence above, the structure is quite important to my question.' Feb 11, 2017 at 19:39
  • This is a useful answer, thanks for the new word! However, it doesn't actually fit my needs.
    – DAE
    Feb 12, 2017 at 8:06
  • @RobbieGoodwin - I'm writing a user guide for a software that has this functionality, and trying to find the appropriate words to describe it, so don't worry, no one will lose a lot of money. I'll be sure to describe everything well enough that even if the terminology isn't perfect, people will understand what they're doing. P.S. I'm not a poor guy, really doing fine :)
    – DAE
    Feb 12, 2017 at 8:07

"Because I have already paid $10,000, we must now settle the arrearage of the $15,000."


something that is in arrears; especially : something unpaid and overdue. (Merriam-Webster)


Because I have already paid $10,000, we must remit the amount from the $15,000.


"If you’ve been in prison for five years of a seven-year sentence but you’ve been on good behavior, a judge might remit the remainder of your sentence and let you go free."

"release from (claims, debts, or taxes) “The taxes were remitted” Type of: cancel, strike down declare null and void; make ineffective"

  • This many downvotes with no explanation? Can someone enlighten me as to why the word is not appropriate for this post?
    – ak84
    Feb 12, 2017 at 17:30

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.