later payment

USAGE SUMMARY

The phrase "later payment" is correct and usable in written English.
It can be used to refer to a payment that is scheduled to be made at a future date or after a certain period of time. Example: "If you are unable to make the payment by the due date, we can arrange for a later payment option."

✓ Grammatically correct

News & Media

Wiki

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

Following consultation, the government will announce its decision this autumn on just when to push up the age to 66. Moving too quickly is undesirable because people need time to plan for the later payment of the benefit.

The Economist

But in an effort by Republicans to calm conservatives who are demanding a cutoff of money to the United Nations, an accord was reached in which a later payment of roughly $244 million would be withheld unless the United States is reinstated.

The New York Times

The Enterprise arrives at Ornara, and Sobi and Langor have agreed to provide the medicine to the Ornarans for later payment.

Wikipedia

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

Thirty or sixty or ninety days later, payments are resumed.

The New Yorker

Those later payments are all supposed to be on Dec. 31, the administration says.

The New York Times

Crucially, the interest "holiday" at the start of the deal is factored into the later payments.

The Guardian - Money

People really do sign up for mortgages with low initial payments even when they have no realistic hope of making the later payments.

The New York Times - Magazine

Expenditure was only one-and-a-half times tax revenues, largely because the regime had forced its domestic creditors to accept lower interest and later payments.

The Economist

Public uproar over that sparked the official investigations that threw up the evidence about the later payments into Mr Najib's own Kuala Lumpur accounts.

Independent

During these months the customer will still have to pay off the capital, and the interest they do not pay at the beginning will be added into the later payments.

The Guardian - Money

Two-year fixed-rate deals are now available at rates of below 1.5%, while last month saw Leeds Building Society launch a mortgage with a "zero" interest rate for the first six months – with the interest being added to later payments.

The Guardian - Money

Expert writing Tips

Best practice

When discussing financial agreements, be specific about the terms of the "later payment", including the exact due date and any associated fees or interest.

Common error

Avoid using "later payment" when you mean a "late payment". A "later payment" is pre-arranged, whereas a "late payment" is a missed deadline and often incurs penalties.

Linguistic Context

The phrase "later payment" functions as a noun phrase, typically acting as the object of a verb or preposition. It denotes a payment that is scheduled or agreed upon to be made at a future time. The Ludwig AI validates this usage.

Expression frequency: Rare

Frequent in

News & Media

66%

Wiki

33%

Science

0%

Less common in

Formal & Business

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "later payment" refers to an arrangement where a payment is made after the originally scheduled date. Ludwig AI confirms its grammatical correctness and usability. While seemingly simple, it's crucial to differentiate it from a "late payment", which implies a missed deadline. Alternatives like "deferred payment" or "subsequent payment" can be used depending on the specific context. When using "later payment", clarity is key, especially in financial agreements. Its register leans toward neutral to professional and is more frequently found in news and media compared to academic sources.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

deferred payment

Emphasizes the postponement of the payment to a later date.

delayed payment

Highlights the fact that the payment is not made on time.

subsequent payment

Focuses on the payment being one that follows another payment.

payment extension

Highlights that extra time is given to make the payment.

payment deferral

Similar to deferred payment but emphasizes the act of delaying.

future payment

Simply states that the payment will be made in the future.

installment payment

Suggests a payment that is part of a series of payments over time.

payment plan

Refers to an agreement to pay in installments over a set period.

extended payment terms

Focuses on the conditions that allow for a longer payment period.

payment grace period

Highlights a period after the due date where payment can be made without penalty.

FAQs

What does "later payment" mean?

A "later payment" refers to an arrangement where a payment is made at a date after the initially agreed-upon date. This is different from a "late payment", which is a payment that has passed its due date.

What can I say instead of "later payment"?

You can use alternatives like "deferred payment", "delayed payment", or "subsequent payment" depending on the context.

How do I request a "later payment" from a vendor?

When requesting a "later payment", communicate clearly and professionally. Explain your situation and propose a specific new payment date. Be prepared to negotiate terms.

Is a "later payment" the same as a "payment plan"?

Not exactly. A "later payment" is usually a one-time delay, while a "payment plan" involves a structured schedule of multiple payments over time.