cleared the payment

USAGE SUMMARY

The phrase "cleared the payment" is correct and usable in written English.
It can be used in contexts related to financial transactions, indicating that a payment has been processed and completed successfully. Example: "Once the invoice was approved, the finance department cleared the payment within two business days."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

In a report laid before parliament, the parliamentary and health service ombudsman found that the elections watchdog's inquiry, which cleared the payment as permissible, fell "significantly short".

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

You get more time to see to it you can clear the bill payment, and you can repay the micro-loan in the 30 days following the scheduled payment.

TechCrunch

Under this deal, UK residents with undeclared assets in Swiss banks will be able to make a one-off, "clear the slate" payment of 21%-41 21%-41eir total assets and retain their anonymity.

The Guardian - Business

He cleared the way for bonus payments to the bosses of the bailed-out banks – Royal Bank of Scotland and Lloyds Banking Group – albeit in shares.

The Guardian - Business

With one £27m payment he cleared the debt and ensured Hull avoided a 10-point penalty that may have made relegation to League One a strong probability.

BBC

The homeless plaintiffs won in 1998, but received no money because of an appeal, until an unusual settlement this month cleared the way for tonight's payments and celebration.

The New York Times

In an increasingly cashless society, the answer is pretty clear: the payment infrastructure.

TechCrunch

To make sure payments by customers in financial difficulties are allocated to clearing the missed monthly payments first, rather than to arrears charges.

The Guardian - Money

The president's action clears the way for payments of $250,000 to the partners.

The New York Times

"I can confirm that we are making progress to clear the backlog of payments and I'm cautiously optimistic that RBS and NatWest customer account balances will be largely back to normal from tomorrow," said Susan Allen, director of customer service at RBS Group.

BBC

Payments can be directly to the spouse or to a third-party (on behalf of the spouse), but the agreement must be very clear the payments are alimony.

Forbes

Expert writing Tips

Best practice

Use "cleared the payment" when you want to emphasize that a payment has been fully processed and is no longer pending or subject to holds. For example: "The bank cleared the payment, and the funds are now available."

Common error

Avoid using "clear the payment" when you mean to say the payment has already been processed. "Clear the payment" implies an action that needs to be taken, while "cleared the payment" indicates the action is complete.

Linguistic Context

The phrase "cleared the payment" functions as a verbal phrase indicating the completion of a financial transaction. It describes the action of a payment successfully passing through all necessary processing stages. Ludwig AI confirms that the phrase is usable in written English.

Expression frequency: Uncommon

Frequent in

News & Media

35%

Formal & Business

33%

Science

32%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "cleared the payment" is a grammatically correct phrase used to indicate that a payment has been successfully processed and completed. As confirmed by Ludwig AI, it's commonly found in news and media, formal business communication and sometimes appears in scientific contexts. While not extremely frequent, its meaning is clear and its usage is consistent. When writing, ensure you're emphasizing the completion of a financial transaction, and consider alternative phrases like "processed the payment" or "authorized the payment" depending on the nuance you want to convey.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

processed the payment

Focuses on the action of handling the payment rather than overcoming an obstacle.

authorized the payment

Emphasizes the permission or approval aspect of the payment.

approved the payment

Highlights the acceptance of the payment request.

settled the payment

Suggests a final resolution of a financial obligation.

finalized the payment

Focuses on the payment reaching its ultimate stage of completion.

disbursed the payment

Emphasizes the release or distribution of funds.

executed the payment

Highlights the formal carrying out of the payment.

facilitated the payment

Focuses on making the payment process easier or smoother.

released the payment

Highlights the act of freeing up the funds for payment.

passed the payment

Emphasizes the successful movement of the payment through a system or process.

FAQs

What does "cleared the payment" mean in a financial context?

In finance, "cleared the payment" signifies that a payment has been fully processed by the relevant financial institutions and is no longer pending. The funds have been successfully transferred.

What's the difference between "processed the payment" and "cleared the payment"?

"Processed the payment" generally means that the steps to make the payment have been taken, whereas "cleared the payment" implies successful completion of all steps including final settlement.

How can I use "cleared the payment" in a sentence?

You can use "cleared the payment" in sentences like: "The bank cleared the payment this morning", or "Once the funds cleared the payment, the order was shipped."

Are there formal alternatives to "cleared the payment" for business writing?

Yes, you can use more formal alternatives like "authorized the payment", "approved the payment", or "settled the payment" depending on the specific context.