The phrase "average time to pay" is correct and usable in written English.
It can be used in contexts related to finance, billing, or payment processing to indicate the typical duration it takes for payments to be completed.
Example: "The average time to pay for invoices has decreased significantly this quarter, improving our cash flow."
Alternatives: "typical payment duration" or "mean payment time".
The scale of the financial punishment inflicted on low income citizens by the abolition of council tax benefit is laid bare in a new study which assesses the impact of asking 314,000 low-income Londoners for the first time to pay an average £151 a year towards local services.
In the coming months, Goldberg and his team will be conducting a study to find out the average wait times to pay bail in New York City.
However, after the passage of time, average citizens began to pay little attention to the threat, particularly given that no attacks had occurred.
To put the total tax bite into perspective, note that on average Americans will spend more time working to pay their taxes than they will spend working to provide for food, clothing and shelter combined.
According to the OECD, one would need to make almost 9 times the average worker's wage to pay the top rate in the U.S. In most OECD countries one hits the top rate at an income barely above that of the average worker, which puts workers in other countries in much higher tax brackets than those in the U.S. Table 2: Top Statutory Income Tax Rate, 2007/2000.
Luckily, Bankrate.com has done the work for you, using tuition data from the National Center for Education Statistics and job data from the Bureau of Labor Statistics to calculate the average time it would take a worker to pay off their student loan debt (assuming an average interest payment of 6percentt).
However, aspiring purchasers in London and the south-east are not likely to be impressed: the average first-time buyer there has already to pay more than £120,000.Mr Brown's third task was to counter the Conservatives' claim that a third-term Labour government will put up taxes in a post-election budget.
Pay for chief executives has risen to 277 times the average workers' pay, from 20 times in 1965, according to the Economic Policy Institute.
At a time when seven in 10 families are struggling to make ends meet, it's worrying to see the average first-time mum paying out between £1,000 and £2,000 getting ready for her child.
