agreed payment

USAGE SUMMARY

The phrase "agreed payment" is correct and usable in written English.
It can be used in contexts where parties have come to a mutual understanding regarding the amount to be paid for goods or services. Example: "The contract specifies the agreed payment to be made within 30 days of service completion."

✓ Grammatically correct

News & Media

Wiki

Science

Human-verified examples from authoritative sources

Exact Expressions

14 human-written examples

Ask for a detailed, written quotation with start and finish times and agreed payment terms.

The Guardian - Money

For example small firms might need cash earlier than the agreed payment date.

The Guardian

2. Editorial desks initiate payments to content suppliers and unless otherwise agreed payment shall be made within 30 days of publication of your Contribution.

The Guardian

The agreed payment is about half of a total $2.1 billion BP had sought from Moex in monthly invoices for reimbursement of costs, including interest, according to Mitsui of Japan, which owns Moex.

The New York Times

Authors get a (small, agreed) payment every time one of their books is lent out.

Forbes

Donington said Circuit of Wales has not met agreed payment deadlines, but the latter denies the claims.

BBC

Human-verified similar examples from authoritative sources

Similar Expressions

46 human-written examples

But Libya failed to keep up its agreed payments.

The Guardian

Typically, neither party in a swap exchange receives all the agreed payments up front.

The New York Times

Since DOR stepped in to run East Coast in 2009 after the private operator National Express failed to meet agreed payments, it has paid more than £600m into Treasury coffers.

The Guardian

But the club insist Murray "agreed" payments to Brian Stockbridge and former chief executive Charles Green.

BBC

Such agreed payments represent a cash outflow that could generate cash flow tensions for your start-up.

TechCrunch

Expert writing Tips

Best practice

When drafting contracts, clearly define the "agreed payment" terms, including the amount, currency, payment schedule, and acceptable methods of payment to avoid future disputes.

Common error

Avoid using phrases like "reasonable payment" without specifying what constitutes 'reasonable'. Always quantify the "agreed payment" with precise figures and conditions to prevent ambiguity and potential legal issues.

Linguistic Context

The phrase "agreed payment" functions as a noun phrase, where 'agreed' modifies 'payment'. It specifies a payment amount or method that has been mutually accepted by the parties involved. Ludwig AI confirms this usage through various examples, highlighting its function in contracts and financial discussions.

Expression frequency: Uncommon

Frequent in

News & Media

40%

Wiki

20%

Science

10%

Less common in

Encyclopedias

5%

Formal & Business

5%

Academia

5%

Ludwig's WRAP-UP

In summary, "agreed payment" is a noun phrase indicating a payment amount or method that has been mutually accepted. Ludwig AI confirms that it is grammatically correct and frequently used in contexts such as news, legal documents, and general discussions. While its frequency is uncommon, it serves the purpose of clearly defining payment terms to prevent disputes. When writing, it is crucial to specify precise payment details to avoid ambiguity. Alternatives include "settled payment" and "mutually accepted payment". Overall, understanding the proper use of "agreed payment" contributes to clear and effective communication in financial and contractual contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

settled payment

Indicates the payment has been finalized and agreed upon, emphasizing the finality of the agreement.

pre-agreed payment

Similar to "predetermined payment", but places more emphasis on the agreement aspect that happened before the payment was made

mutually accepted payment

Highlights the mutual agreement and acceptance of the payment by all parties involved, emphasizing consensus.

arranged payment

Suggests that the details of the payment have been organized and agreed upon beforehand, focusing on the planning aspect.

approved payment

Highlights that the payment has been officially sanctioned or approved, emphasizing authorization.

predetermined payment

Emphasizes that the payment amount was decided in advance, highlighting the pre-planned nature of the payment.

stipulated payment

Suggests that the payment terms were explicitly stated and agreed upon in a contract or agreement, emphasizing the formal aspect.

acknowledged payment

The payment is not only agreed upon but also officially recognized by both parts.

fixed payment

Implies a set payment amount that does not change, focusing on the stability and consistency of the payment.

contracted payment

The payment is part of a binding contract.

FAQs

How to use "agreed payment" in a sentence?

You can use "agreed payment" to specify the amount or method of payment that parties have mutually consented to. For example, "The contract outlines the "agreed payment" schedule."

What can I say instead of "agreed payment"?

You can use alternatives like "settled payment", "arranged payment", or "mutually accepted payment" depending on the context.

Is it okay to use "agreed payment" in a formal document?

Yes, "agreed payment" is suitable for formal documents such as contracts, invoices, and legal agreements. It clearly communicates that all parties have consented to the payment terms.

What's the difference between "agreed payment" and "expected payment"?

"Agreed payment" refers to a payment that has been mutually consented to by all parties, whereas "expected payment" implies a payment that is anticipated but not necessarily confirmed or guaranteed.