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The situation is this.

My boss gave me 300 dollars to buy something. But that thing cost 350 dollars,so I paid for the 50 dollars.

How can I say that I paid for the 50 dollars?

It cost 350 dollars so I paid for the....
what is the right term for the money I paid for?
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Hi,
The situation is this.

My boss gave me 300 dollars to buy something. But that thing cost 350 dollars,so I paid for the 50 dollars.

How can I say that I paid for the 50 dollars?

It cost 350 dollars so I paid for the..
what is the right term for the money I paid for?

I don't remember ever hearing the word 'overage'.

I'd just say 'I paid the extra $50 myself.'

Best wishes, Clive
Comments  
You paid the overage.
http://www.answers.com/overage
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 Clive's reply was promoted to an answer.
Hi Alda

I'd say "I paid the 50-dollar difference."