accelerate payment

USAGE SUMMARY

The phrase "accelerate payment" is correct and usable in written English.
It can be used in contexts where you want to request or indicate the need for a faster payment process. Example: "To ensure timely delivery of the goods, we kindly ask you to accelerate payment for the invoice."

✓ Grammatically correct

Formal & Business

News & Media

Academia

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

In addition, individuals may choose to accelerate payment of previously deferred amounts, although any such acceleration could be subject to significant restrictions under applicable tax rules, including Section 409A of the Internal Revenue Code.

Columbia University

Dr. Helene D. Gayle, the foundation's AIDS program director, said the decision to accelerate payment was to generate confidence in the fund and to stimulate public contributions, not replace it.

The New York Times

They enable both the buyer and supplier to improve their working capital by making it possible for the former to extend its payables and at the same time accelerate payment to the latter.

Harvard Business Review

HealthSouth is attempting to persuade the judge that some bondholders are trying to accelerate payment of about $2.6 billion in debt as part of "a financial extortion strategy," in the company's language, to force about $250 million in additional payments -- a form of prepayment premium that would be equal to about 11percentt of the principal of the bonds.

The New York Times

A term providing that one party or that party's successor in interest may accelerate payment or performance or require collateral or additional collateral "at will" or when the party "deems itself insecure," or words of similar import, means that the party has power to do so only if that party in good faith believes that the prospect of payment or performance is impaired.

Cornell University

The trade groups want the government to guarantee supplier receivables from U.S. automakers, accelerate payment terms or guarantee commercial loans to parts companies.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

"They said, 'We've chosen to accelerate payments on your contract so we no longer need your services".

The New York Times

As we have previously noted, blockchain technology may greatly accelerate payments, increase transparency, and foster principal-to-principal transactions.

Columbia University

Those loans are amortized biweekly, in contrast with most payment plans, which accelerate payments without changing the underlying monthly accrual schedule.

The New York Times

In desperation the firm asked suppliers to be patient and buyers to accelerate payments, and raised costly loans from outside the banking system.In June severe rain hit Dongguan.

The Economist

A majority of the bonds have high credit ratings, and the trustees of the debt obligations typically shut off lower-rated bonds first to accelerate payments to investors holding higher-rated debt.

The New York Times

Expert writing Tips

Best practice

When requesting faster payment, provide a clear justification, such as the need to maintain project timelines or to secure favorable discounts.

Common error

Avoid using "accelerate payment" in situations where early payment is not feasible or agreed upon, as it may strain business relationships. Always confirm payment terms before requesting acceleration.

Linguistic Context

The phrase "accelerate payment" functions primarily as a verb phrase + noun, indicating an action to be taken on a payment. As Ludwig AI confirms, it is grammatically correct and commonly used.

Expression frequency: Uncommon

Frequent in

Formal & Business

33%

News & Media

33%

Academia

34%

Less common in

Science

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "accelerate payment" is a grammatically sound phrase used to describe the act of expediting a payment, as confirmed by Ludwig AI. While it appears most commonly in formal business contexts and news, its usage extends to academic spheres as well. Remember to use this phrase judiciously, providing clear justifications for your request to maintain positive professional relationships. Alternative phrases such as "expedite payment" or "hasten payment" can offer subtle variations in tone and urgency.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

expedite payment

Emphasis on speeding up the payment process, often used in formal contexts.

hasten payment

Similar to expedite, but might imply a slightly more urgent need for quicker payment.

advance payment

Focuses on paying before the due date or agreed-upon schedule.

expedited settlement

More specific to financial settlements, implying a faster clearing process.

quick payment

A more general term for faster payment processing.

rush payment

Indicates a very urgent need to speed up the payment.

prompt payment

Emphasizes the importance of paying without delay.

early payment

Paying before the due date, often to take advantage of discounts.

immediate payment

Payment is required right away, with no delay.

instant payment

Payment is processed and received in real-time.

FAQs

How can I use "accelerate payment" in a sentence?

You can use "accelerate payment" to request a faster payment, such as, "To ensure timely delivery of the goods, we kindly ask you to "accelerate payment" for the invoice."

What is a formal alternative to "accelerate payment"?

A more formal alternative to "accelerate payment" is to "expedite payment". This term is often used in business contexts.

What does "accelerate payment" mean in finance?

In finance, "accelerate payment" refers to paying off a debt or invoice faster than the originally agreed-upon schedule, often to reduce interest or take advantage of discounts.

When is it appropriate to ask someone to "accelerate payment"?

It's appropriate to ask someone to "accelerate payment" when there's a legitimate need for quicker funds, such as to meet urgent operational expenses, and it's done respectfully, considering the payer's financial situation.