amount is payable

USAGE SUMMARY

The phrase "amount is payable" is correct and usable in written English.
It can be used in financial contexts to indicate that a specific sum of money is due for payment. Example: "The total amount is payable by the end of the month to avoid any late fees."

✓ Grammatically correct

News & Media

Wiki

Encyclopedias

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

That amount is payable after graduation.

The Guardian

That amount is payable by the end of Wednesday.

The New York Times

A second payment on account was then required on 31 July 2012, and the final amount is payable on 31 January 2013, together with the payment on account for the tax year 2012-13.

BBC

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

Additional amounts are payable in respect of severe disability, certain caring responsibilities and housing costs.

The Guardian

Average loan sizes are $130,000 but the max loan amount is $500,000, payable over 1 to 5 years, at rates from 5.9percentt up to 20.9percentt depending on payback terms and risks.

Huffington Post

If either side disputes the amount of tax that is payable, they may appeal to either the General or Special Commissioners of Income Tax.

Wikipedia

"For example, if rent is payable monthly, the amount is two months' rent, and the court is obliged to give the landlord possession of the property if this amount is unpaid on the court hearing date," says Freddie Jackson, an associate at the Kent-based law firm Cripps Harries Hall.

Independent

Once you have coughed up, your higher pension amount will be payable from that date.

The Guardian - Money

Write out a check or money order that is payable to DMV, in the amount required to perform the review.

WikiHow

Most people are allowed to receive a certain amount of income in a tax year before tax is payable, known as the basic personal allowance.

Independent

This amount is deducted from basic pay, meaning that no tax or NI is payable on it.

The Guardian - Money

Expert writing Tips

Best practice

When using "amount is payable", ensure clarity regarding who is responsible for the payment and by what date. Specifying these details will prevent potential misunderstandings.

Common error

Avoid using "amount is payable" without specifying the currency or any applicable taxes. Always clarify if the amount includes taxes or if they are additional.

Linguistic Context

The phrase "amount is payable" primarily functions as a statement of financial obligation. It indicates that a specific sum of money is required to be paid. As Ludwig AI suggests, it's commonly used in financial and transactional contexts.

Expression frequency: Common

Frequent in

News & Media

35%

Wiki

20%

Formal & Business

15%

Less common in

Encyclopedias

10%

Science

10%

Reference

10%

Ludwig's WRAP-UP

The phrase "amount is payable" is a common and grammatically correct way to express that a sum of money is due. As indicated by Ludwig AI, it is frequently used in financial contexts across various domains, including news, business, and general information. Its primary function is to inform about a financial obligation, and while its register is generally neutral, it often appears in professional and formal settings. To ensure clarity, specify who is responsible for the payment and the due date. Common alternatives include "payment is due" and "payment is required". It's important to also clarify currency and tax inclusions. Ludwig's analysis, combined with real-world examples, offers a comprehensive understanding of this phrase's usage.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

amount is due

Directly states the amount's current or imminent payability.

payment is required

Highlights the necessity of paying the amount.

payment is due

Focuses on the due date rather than the general possibility of payment.

amount must be paid

Stresses the obligation to pay.

sum is owed

Emphasizes the debt aspect of the amount.

payment is outstanding

Highlights that the payment has not yet been made.

payment is expected

Implies anticipation of the payment.

amount is collectable

Implies that there is an active action that will be taken to make amount payable.

sum is chargeable

Indicates that the amount can be charged or billed.

payment can be made

Focuses on the allowance or permissibility of the payment.

FAQs

How do I use "amount is payable" in a sentence?

Use "amount is payable" to indicate a sum of money that needs to be paid, such as "The total "amount is payable" upon receipt of the invoice".

What can I say instead of "amount is payable"?

You can use alternatives like "payment is due", "sum is owed", or "payment is required" depending on the specific context.

Which is correct, "amount is payable" or "amount is paid"?

"Amount is payable" means the money is due to be paid. "Amount is paid" means the payment has already been completed. Choose the phrase that accurately reflects the payment status.

What's the difference between "amount is payable" and "amount due"?

"Amount is payable" emphasizes the action of paying, while "amount due" simply states that the amount is currently owed and needs to be settled.