and timely payment

USAGE SUMMARY

The phrase "and timely payment" is correct and usable in written English.
It can be used in contexts where you are discussing the importance of making payments on time, often in contracts or agreements. Example: "The terms of the contract include the delivery of goods and timely payment to ensure a smooth transaction."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

Before business groups, he pledges fiscal responsibility and timely payment of public debts.

The New York Times

Decapitations notwithstanding, their administrators win plaudits for their efficient management, clean streets and timely payment of salaries.

The Economist

The disgruntled lower cadre of the army (mainly infantry) have continuously complained about lack of equipment, combat logistics, food and timely payment of salaries.

The Guardian

On Thursday, thousands of teachers and court and hospital workers demonstrated outside the provincial governor's palace, chanting "Give me pesos, give me, give me pesos," and carrying placards that bore slogans like, "Pay the foreign debt in patacones" and "Full and timely payment in pesos".

The New York Times

Questions in that category included: did the vendor submit "accurate, complete and timely payment requisitions," and did it "meet its budgetary goals, exercising reasonable efforts to contain costs?" Mr. Bondy worked for Spherion on the CityTime project before Mayor Michael R. Bloomberg selected him to run the payroll office.

The New York Times

"Suppliers will be more likely to extend trade credit to a customer that has a good track record of regular and timely payment," notes the company.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

Getting terms from suppliers and timely payments from customers are critical in managing cash.

Harvard Business Review

If our creditors doubt they'll receive full and timely payments, Treasury yields will rise, setting off a chain reaction of chaos and panic in markets throughout the world.

The Washington Post

Cards don't need to be used every month, but using them once in a while ensures that there is a record of purchases and timely payments, he says.

The Washington Post

The language in the ACA is unequivocal: the Department of Health and Human Services "shall make periodic and timely payments to the issuer equal to the value of the reductions".

Los Angeles Times

The federal panel was concerned about misuse of corporate funds, illegal foreign contributions, people exceeding the $50 limit for anonymous donations and timely payments to campaigns.

Los Angeles Times

Expert writing Tips

Best practice

When drafting contracts, explicitly define what constitutes "timely payment" to avoid future disputes. Specify the exact date or timeframe within which payment must be received.

Common error

Avoid using only the phrase "and timely payment" without providing a clear definition of what "timely" means in the specific context. This can lead to ambiguity and disagreements over when payment is considered late.

Linguistic Context

The phrase "and timely payment" functions as a conjunction phrase, typically used to connect the concept of making payments to a preceding action or condition. Ludwig AI indicates that it is grammatically correct.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Academia

30%

Formal & Business

20%

Less common in

Science

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "and timely payment" is a grammatically correct and commonly used conjunction phrase, as confirmed by Ludwig AI. It's crucial in contexts requiring emphasis on the importance of paying debts or obligations on time. Predominantly found in News & Media and Academic sources, it maintains a neutral to formal register. For effective communication, define the term "timely" clearly within contracts or agreements to avoid ambiguity. Consider using synonyms like "and prompt settlement" for nuanced expression.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

and prompt settlement

Emphasizes quick resolution of financial obligations.

and immediate disbursement

Focuses on the swift release of funds.

and punctual remittance

Highlights adherence to payment schedules.

and expedited payment processing

Stresses efficiency in handling payments.

and swift compensation

Emphasizes speed in providing remuneration.

and rapid reimbursement

Focuses on the quick return of funds.

and on-schedule payment

Highlights adherence to payment plans.

and due payment

Focuses on the payment being rightfully owed and made.

and efficient pay-out

Emphasizes the efficiency of the payment process.

and guaranteed payment deadline

Highlights assurance in meeting payment deadlines.

FAQs

What does "and timely payment" mean in a legal contract?

In a legal contract, "and timely payment" typically means that the payment must be made on or before the agreed-upon due date. The contract should specify the exact date or a period (e.g., within 30 days of invoice) to avoid ambiguity.

What are some alternatives to saying "and timely payment"?

You can use alternatives such as "and prompt settlement", "and immediate disbursement", or "and punctual remittance" depending on the specific nuance you want to convey.

How does "and timely payment" affect a business's credit rating?

Consistent "and timely payment" of invoices and debts positively impacts a business's credit rating, making it easier to secure loans and favorable terms with suppliers. Conversely, late or missed payments can negatively affect the credit rating.

Why is it important to ensure "and timely payment" in project management?

Ensuring "and timely payment" to contractors and suppliers in project management is crucial for maintaining good relationships, avoiding project delays, and staying within budget. Late payments can lead to disputes and disruptions.