balance on completion

USAGE SUMMARY

The phrase "balance on completion" is correct and can be used in written English.
It typically means that a certain amount of money will need to be paid or received in order to complete a transaction. For example, you might say: "We need to wait for the balance on completion before we can finalize the sale."

✓ Grammatically correct

Formal & Business

News & Media

Wiki

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

Typically, Portraits, Inc requires 50% of its fee after the contract is signed, with the balance due on completion.

BBC

On signing, the buyer pays a 10 per cent deposit, with the balance due on completion.

WikiHow

The balance is paid on completion, and the entire process is overseen by a notary.

WikiHow

Balance on one foot by yourself.

WikiHow

But part of the reason that you would be able to increase the mortgage by so much lies in the fact that you are asked to give details of "monthly outgoings that you will continue to pay after you start your new mortgage" and for credit cards to include only an outstanding balance "that will not be cleared on completion" of the mortgage.

The Guardian - Money

On completion, the sale-proceeds will strengthen our balance sheet and position us for further investment and growth in our core business".

The Guardian

Balancing on one leg.

The Guardian - Opinion

Why? Evaluation / Assessment: Students will be evaluated on completion of journal assignment, participation in group discussions, thorough completion of research, and thoughtful completion of outline and story.

The New York Times

Evaluation / Assessment: Students will be evaluated on completion of journal, participation in class discussions, participation in group research, completion of group timeline, and completion of essay.

The New York Times

Evaluation / Assessment: Students will be evaluated based on completion of journals, participation in class discussion, completion of poster, and completion of essay.

The New York Times

Evaluation / Assessment: Students will be evaluated on completion of journal, participation in class discussions, completion of free writing, completion of mask, and display or performance.

The New York Times

Expert writing Tips

Best practice

When using the phrase "balance on completion", clearly define what constitutes "completion" to avoid ambiguity. For example, specify whether completion refers to the end of a project phase, delivery of goods, or final approval of a service.

Common error

Avoid using "balance on completion" without specifying what 'completion' entails. This can lead to disputes if the parties involved have different understandings of when the final payment is due. Always provide a precise definition in contracts or agreements.

Linguistic Context

The phrase "balance on completion" functions as an adverbial phrase modifying the verb 'pay' or 'due'. It indicates the time when the remaining payment is to be made. As Ludwig AI confirms, it specifies the timing of payment relative to the completion of a task or agreement. The usage examples in Ludwig illustrate this function across various contexts, from contracts to project agreements.

Expression frequency: Common

Frequent in

Formal & Business

30%

News & Media

35%

Wiki

10%

Less common in

Science

10%

Encyclopedias

5%

Academia

10%

Ludwig's WRAP-UP

The phrase "balance on completion" is a common and grammatically sound way to specify that a final payment is due upon the fulfillment of an agreed-upon task or condition. Ludwig AI confirms its correctness and common usage. As evidenced by the examples, this phrase is most frequently used in business, news, and legal contexts. To ensure clarity, it's crucial to precisely define what constitutes "completion" in the relevant agreement or contract. While alternatives like "payment upon fulfillment" or "final payment on project end" exist, "balance on completion" clearly links the payment to a specific deliverable. Therefore, when drafting formal agreements or contracts, using a direct and precise definition of "completion" is critical in order to ensure both parties share the same understanding and avoid future disagreements on when the final amount is due.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

balance upon fulfillment

Replaces 'completion' with 'fulfillment', emphasizing the act of fulfilling a requirement.

remainder due when finished

Uses 'remainder' instead of 'balance', and 'when finished' clarifies the point of finality.

final payment on project end

Focuses on a project-related context, replacing 'completion' with 'project end'.

remaining amount upon finalization

Substitutes 'balance' with 'remaining amount' and 'completion' with 'finalization'.

full payment due after service

Highlights service completion, changing the structure to emphasize payment timing.

outstanding sum upon accomplishment

Uses 'outstanding sum' for 'balance' and 'accomplishment' for 'completion', formalizing the tone.

payment on job completion

Specifically refers to the completion of a job, narrowing the context.

settlement upon conclusion

Replaces 'balance' with 'settlement' and 'completion' with 'conclusion', offering a more formal alternative.

clearance after termination

Uses 'clearance' to mean the final payment and 'termination' for the ending point.

the rest payable upon delivery

Emphasizes that the remainder is due when the delivery is complete.

FAQs

How to use "balance on completion" in a sentence?

You can use "balance on completion" to specify when the final payment is due, such as: "The contract states that the balance on completion of the project will be paid within 30 days".

What is an alternative to "balance on completion"?

Alternatives include "payment upon fulfillment", "final payment on project end", or "remaining amount upon finalization", depending on the context.

What does "balance on completion" mean in a contract?

In a contract, "balance on completion" typically means that the remaining amount owed will be paid once the agreed-upon work, service, or project is finished and meets the specified criteria.

Is it better to say "balance on completion" or "final payment"?

Whether to use "balance on completion" or "final payment" depends on the context. "Final payment" is more general, while "balance on completion" specifically ties the payment to the fulfillment of certain conditions or milestones. Use "balance on completion" when linking payment to a deliverable or achievement.