cash on completion

USAGE SUMMARY

"cash on completion" is a correct and usable phrase in written English.
This phrase is typically used to indicate that someone will get paid the full amount of money they are owed once a project or task is finished. For example, you might say: "The contract stipulates that the client will pay in cash on completion of the project."

✓ Grammatically correct

News & Media

Wiki

Science

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

The collective has agreed to pay £2.77bn in cash on completion of the deal, with a further maximum of £330m dependent on cash flows at the combined O2 and Three businesses by the time the deal completes.

The Guardian - Business

An initial payment of €15 million ($19.3 million) is payable in cash on completion — expected during the fourth quarter of 2012 but subject to standard conditions including regulatory approval.

TechCrunch

The simplest and most convenient way is to pay in cash on completion.

WikiHow

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

The company had agreed to pay $120m plus an extra cash payment on completion for Eon's UK north sea assets, and as the deal was classified as a reverse takeover its shares were suspended.

The Guardian - Business

Publicly-traded WANdisco is paying $5.1 million, with $3.6 million of that in shares and $1.5m in cash, "payable on completion as a signing bonus," the company said in a statement to the London Stock Exchange.

TechCrunch

At the same time, Lyft has introduced a whole new supplier-side experience through a payments system that gives drivers the option to instantly cash out on completion of a ride.

TechCrunch

Sky will buy VMtv for a total consideration of up to £160 million in cash, with £105 million paid on completion and the remainder paid following the regulatory process.

TechCrunch

To compensate them for their time, each participant was given a supermarket cash coupon of HK$100 (approximately €12) on completion of the interviews.

BMC Women's Health

Unable to provide much guidance because of uncertainty surrounding global markets, Emerson said it would remain focused on cash generation and completion of restructuring programs.

Forbes

Fellowship winners will get the aforementioned summer internship, and $5,000 in cash upon completion of their work, on top of their summer salary.

TechCrunch

On completion, the exchange house presents the buyer with a suitcase full of cash to hand over to the vendor.

The Economist

Expert writing Tips

Best practice

In legal and business contexts, use "cash on completion" to avoid legal complications about payments.

Common error

Avoid assuming everyone understands what 'completion' means in your specific context. Ambiguity can lead to disputes. Always define it clearly in your agreements.

Linguistic Context

The phrase "cash on completion" functions as a contractual term, specifying when payment is due. As Ludwig AI explains, the phrase is used to indicate payment is made once a project or task is finished. Its presence in various agreements serves to clarify payment conditions, promoting clarity and avoiding disputes.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Wiki

33%

Science

33%

Less common in

Formal & Business

0%

Academia

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "cash on completion" is a phrase used to indicate that payment will be made once a task or project is finished, as stated by Ludwig AI. Although grammatically correct, it's important to define 'completion' clearly to avoid ambiguity, as doing so prevents potential disputes and ensures both parties understand the payment terms. Alternative phrases include "payment upon completion". While it appears across various contexts, "cash on completion" is most common in professional settings, particularly within legal and business agreements. Its usage aims to establish clear payment obligations. Although present across different sources (News & Media, Wiki and Science), is advisable to use it on professional contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

payment upon completion

This alternative emphasizes the act of payment occurring right after the task is done.

funds on fulfillment

This alternative uses more formal language, emphasizing the fulfillment of a condition or task.

cash payment on project end

This alternative is more explicit, specifying that the payment is in cash and related to the end of a project.

immediate payment after task completion

This phrase highlights the immediacy of the payment following the completion of the task.

settlement upon finalization

This suggests a formal settlement of dues once the work is finalized.

remittance on conclusion

This is a more formal term for sending money upon the conclusion of an agreement or project.

cash disbursement post-completion

This implies a formal release of cash after the completion phase.

final payment on job completion

This clarifies that it's the final payment made when the job is completed.

full payment after execution

This alternative emphasizes full payment after the execution of a task or service.

monetary compensation upon project delivery

This alternative is quite formal and specific, indicating monetary compensation after a project has been delivered.

FAQs

How can I use "cash on completion" in a sentence?

You might say, "The contract stipulates that the contractor will receive cash on completion of the building's construction."

What's a more formal alternative to "cash on completion"?

A more formal alternative could be "payment upon completion" or "remittance on conclusion".

Is "cash on completion" the same as "cash on delivery"?

No, "cash on completion" means payment is made after a task or project is finished, while "cash on delivery" means payment is made when goods are delivered.

Why is it important to define "completion" when using "cash on completion"?

Defining "completion" avoids disagreements over when payment is due. Clear criteria ensure both parties agree when the task is truly finished.