agreed upon payment

USAGE SUMMARY

The phrase "agreed upon payment" is correct and usable in written English.
It can be used when discussing a payment that has been mutually accepted or settled between parties. Example: "The contract specifies the agreed upon payment for the services rendered will be made within 30 days."

✓ Grammatically correct

News & Media

Wiki

Science

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

However, the first $426 million will be paid immediately from the consortium, while another $474 million will be coming as part of an agreed upon payment schedule.

TechCrunch

All that takes time as an advertising agency bills the client after the shoot, and once the agency gets paid, they take their cut then issue the agreed upon payment to the model.

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

Fasolt and Fafner Low-profile giants who build Wotan's castle, but then get bilked out of the agreed-upon payment.

The Guardian - Music

Mr. Hochheiser told Judge Pauley that preparing for the complex case had become impossible because Mr. Espada had not stuck to an agreed-upon payment schedule.

The New York Times

And then they even have the chutzpah to offer a lower payment soon, rather than their contractually agreed-upon payment sometime in the future.

The New York Times

Bank of America's agreed-upon payment to Fannie Mae sounds big -- $3.6 billion.

Huffington Post

The necessary precursor to any of these schemes, however, is a simple, easy, and generally agreed-upon payment system — an e-wallet.

TechCrunch

Sure, whether or not the world will have a generally-agreed-upon payment system is up for debate, but it seems that a new era of micropayments is here — hopefully to stay.

TechCrunch

According to her memoir, when she was seven, her mother fostered her to a poor family living in a New York City tenement, then disappeared and stopped making the agreed-upon payments.

Wikipedia

He pushed back on the debt and was able to agree upon a payment plan of $103 per month.

Vice

Arrangements will need to be made for transport or delivery as well as payment agreed upon.

WikiHow

Expert writing Tips

Best practice

When drafting contracts, clearly specify the "agreed upon payment" terms, including amount, currency, payment schedule, and method, to avoid future disputes.

Common error

Avoid ambiguity by explicitly stating all relevant details of the "agreed upon payment", such as late payment penalties or early payment discounts.

Linguistic Context

The phrase "agreed upon payment" functions as a noun phrase, where "agreed upon" acts as a compound adjective modifying the noun "payment". This construction indicates a specific payment amount or method that has been mutually accepted by all parties involved.

Expression frequency: Common

Frequent in

News & Media

35%

Wiki

30%

Science

15%

Less common in

Formal & Business

10%

Encyclopedias

5%

Academia

5%

Ludwig's WRAP-UP

The phrase "agreed upon payment" signifies a payment that has been mutually accepted, commonly appearing in legal, business, and news contexts. Ludwig AI confirms the phrase's grammatical correctness and wide usability. Its purpose is to clearly define financial terms, ensuring all involved parties understand their obligations. Related phrases include "predetermined payment" and "mutually accepted payment". When using the phrase, ensure to explicitly specify payment terms to avoid ambiguity. This comprehensive analysis offers practical guidance for effectively incorporating "agreed upon payment" into various writing scenarios.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

predetermined payment

Replaces "agreed upon" with "predetermined", emphasizing that the payment was decided in advance.

mutually accepted payment

Replaces "agreed upon" with "mutually accepted", stressing the joint consent on the payment terms.

settled payment

Focuses on the finality of the agreement regarding the payment.

prearranged payment

Similar to "predetermined payment", but with a slightly different connotation of planning ahead.

payment by agreement

Inverts the structure, but retains the core meaning of a payment resulting from an agreement.

contractually agreed payment

Adds emphasis on the legal aspect by including the term "contractually".

payment as per agreement

Uses "as per agreement" to specify that the payment follows the agreed terms.

payment following agreement

Emphasizes the sequence of events, where the agreement precedes the payment.

payment by consent

Uses the word "consent" to represent that all parties agreed with the payment.

pre-approved payment

Uses the word "pre-approved" to indicate that payment has been approved in advance.

FAQs

How can I use "agreed upon payment" in a sentence?

You can use "agreed upon payment" to describe a financial transaction where the terms, amount, and method of payment have been mutually accepted by all parties involved. For instance, "The contract stipulates the "agreed upon payment" schedule for the project."

What is another way to say "agreed upon payment"?

Alternatives to "agreed upon payment" include "predetermined payment", "mutually accepted payment", or "settled payment", depending on the specific nuance you wish to convey.

What is the difference between "agreed upon payment" and "payment plan"?

"Agreed upon payment" refers to the specific amount and terms that parties have consented to, while "payment plan" describes a schedule of multiple payments over time to fulfill a total obligation.

Is it redundant to say "contractually agreed upon payment"?

While not strictly redundant, "contractually agreed upon payment" emphasizes the legally binding nature of the agreement, providing additional clarity in formal contexts where the agreement is documented in a contract.