basis for payment

USAGE SUMMARY

The phrase "basis for payment" is correct and usable in written English.
It can be used in contexts related to financial agreements, contracts, or discussions about compensation structures. Example: "The contract outlines the basis for payment, which includes hourly rates and project milestones."

✓ Grammatically correct

Academia

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

18 human-written examples

(a)Reconsideration of basis for payment.

Cornell University

§ 414.904 Average sales price as the basis for payment.

Cornell University

§ 414.906 Competitive acquisition program as the basis for payment.

Cornell University

(4) If the basis for payment is revised as the result of a reconsideration, the new basis for payment is final and is not subject to further reconsideration.

Cornell University

(3) Considering reconsideration requests and other comments received, CMS may reconsider its determination of the basis for payment.

Cornell University

(1 CMS will receive reconsideration requests in written format for 60 days after making a determination of the basis for payment under § 414.506(d)(2) regarding whether CMS should reconsider the basis for payment and why a different basis for payment would be more appropriate.

Cornell University

Human-verified similar examples from authoritative sources

Similar Expressions

42 human-written examples

Monitoring is a key aspect of payments for ecosystem services (PES) schemes, providing a basis for payments.

Ecological Economics

An article in Business Day yesterday about a decision by the Manville Personal Injury Settlement Trust to bar nine doctors from providing medical reports as a basis for payments to asbestos claimants misidentified one of the nine.

The New York Times

Since the DNRP serves as the basis for payments to public hospitals via the Diagnostic Related Group system, the completeness of registration of contacts with the health care system is expected to be high.

Clinical Epidemiology

Mary L. Ugone, the Pentagon's deputy inspector general for auditing, told members of the committee that the absence of anything beyond a voucher meant that "we were giving or providing a payment without any basis for the payment".

The New York Times

The judges said: "Neither in his written statement nor in his personal hearing was Mr Blatter able to demonstrate another legal basis for this payment.

The Guardian - Sport

Expert writing Tips

Best practice

When drafting contracts or agreements, clearly define the "basis for payment" to avoid future disputes. Include specific metrics, timelines, and conditions.

Common error

Avoid using overly vague language when describing the "basis for payment". Clearly outline the specific actions, deliverables, or milestones that trigger payment to prevent ambiguity.

Linguistic Context

The phrase "basis for payment" functions as a noun phrase, typically used as the subject or object of a sentence or clause. It identifies the underlying reason or justification for compensation or remuneration. As confirmed by Ludwig, the phrase is grammatically correct and commonly used.

Expression frequency: Common

Frequent in

Academia

30%

News & Media

25%

Science

25%

Less common in

Formal & Business

10%

Encyclopedias

5%

Wiki

5%

Ludwig's WRAP-UP

The phrase "basis for payment" is a noun phrase commonly used to define the underlying reason or method for remuneration in various contexts, including academia, news, science, and business. As Ludwig AI confirms, it is grammatically correct. Defining the "basis for payment" clearly in contracts and agreements is crucial to avoid ambiguity and prevent future disputes. Related phrases like "payment rationale" and "payment criteria" can be used as alternatives depending on the specific context. Avoiding vague language when describing the "basis for payment" ensures all parties understand the specific triggers for payment, enhancing clarity and trust.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

payment rationale

Focuses on the reasoning behind the payment.

justification for payment

Emphasizes the validation or defense of the payment.

payment criteria

Highlights the specific standards used to determine payment.

payment determinants

Stresses the factors that control payment.

method of payment calculation

Highlights how the payment amount is derived.

payment terms

Focuses on the conditions and schedule of payment.

payment foundation

Highlights the primary support for the payment.

reason for compensation

Emphasizes the purpose behind the remuneration.

underlying logic for payment

Stresses the rationale and reasoning behind payment practices.

principles of remuneration

Explains the fundamental rules used to determine payment.

FAQs

How can I use "basis for payment" in a sentence?

You can use "basis for payment" to describe the reason or method for remuneration, such as "The contract outlines the "basis for payment", detailing the hourly rates and project milestones."

What are some alternatives to "basis for payment"?

Alternatives include "payment rationale", "payment criteria", or "payment terms", depending on the specific context.

Is it correct to use "base for payment" instead of "basis for payment"?

While "base" and "basis" can sometimes be interchangeable, ""basis for payment"" is the more common and grammatically sound choice when referring to the underlying reason or method of payment. "Base" typically refers to a physical foundation or starting point.

How does the "basis for payment" affect contract negotiations?

The ""basis for payment"" is a crucial element in contract negotiations, influencing the scope of work, performance metrics, and overall financial agreement between parties. Clear and well-defined payment terms can prevent misunderstandings and disputes.