Meaning & use
net rent
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Meanings
noununcountablefinance
Rent from which the landlord's costs have been deducted, leaving the income the owner actually keeps.
Grammar: Usually uncountable; sometimes used with the, as in 'the net rent'.
Patterns
- net rent after something
- net rent from something
After repairs and insurance, the net rent from the flat was only a small amount.
The landlord calculated the net rent for the year before filing taxes.
Net rent fell when the roof had to be replaced.
noununcountablebusiness
In a commercial lease, a base rent that excludes taxes, insurance or maintenance, which the tenant pays on top.
Grammar: Uncountable in this sense; often appears in lease terms such as 'triple net'.
Patterns
- pay net rent plus something
The shop pays net rent and covers property tax separately.
With net rent, the tenant must also budget for insurance.
The lease quoted a low net rent, but extra charges were added.
Common combinations
- annual net rent
- The annual net rent was agreed at forty thousand.
- calculate net rent
- Owners calculate net rent by subtracting expenses.
- net rent lease
- The company signed a net rent lease for the warehouse.
- net rent per square foot
- They compared net rent per square foot across offices.
- net rent after expenses
- Net rent after expenses was lower than expected.
Synonyms and how they differ
- net income
- Net income is wider and covers all earnings after costs, while net rent refers only to what comes from renting property.
- base rent
- Base rent is the starting rent before extra charges, which matches the lease sense of net rent.
- rental profit
- Rental profit is an everyday phrase for what a landlord clears, with less precision than net rent.
Opposites
Word family
Commonly confused: net rent or gross rent?
net rent vs gross rent
Gross rent is the total received before costs; net rent is what remains or the base without extras, depending on the context.
Practice
The landlord's rental income after paying repairs and insurance is called the ___.
Choose one answer.
Net rent is what remains after costs. Gross rent is tempting but is the total before deductions.
Make it your own
Write a sentence using “net rent”, then check it and compare it with the examples above.