need for payment

USAGE SUMMARY

The phrase "need for payment" is correct and usable in written English.
It can be used in contexts where you are discussing the requirement or necessity of making a payment for goods or services. Example: "Before we can proceed with the order, we must address the need for payment to secure the transaction."

✓ Grammatically correct

Academia

News & Media

Science

Formal & Business

Wiki

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

Ask an expert about how to reduce spending and you'll often hear about the urgent need for payment reform.

Yale University

As an advocate for families of children born with craniofacial differences through the Foundation for Faces of Children, Shiyi has applied lessons learned from her and her families' journey in navigating care within 3 distinctive health care systems to help raise awareness around the need for payment reform and more family-centered care at the local and state level.

Stanford University

But so far there has been no need for payment.

Los Angeles Times

Talk to the Singaporean embassy about the need for payment of taxes, and an IU is required, since all vehicles in Singapore are required to have an IU.

WikiHow

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

Because world trade continually gives rise to various needs for payment in various currencies, an international money market must exist so that traders with an excess of one currency can use it to buy another currency for which they have a need.

Encyclopedia Britannica

Such requirements have been lowered or eliminated by most countries, however, either because they blocked expansions of the money supply at times when expansion was considered essential to domestic economic-policy objectives or because they "locked up" gold or foreign exchange needed for payments abroad.

Encyclopedia Britannica

As founder and CEO Bill Clerico tells us, now WePay's entire business is its payments API, which focuses specifically around on infrastructure needed for payments for platform businesses.

TechCrunch

As a response to the need for a payment protocol for the access to real-time services in SIP that considers the authentication, confidentiality and integrity of payment information, we have proposed LP-SIP.

EURASIP Journal on Wireless Communications and Networking

This technology also enables companies to rapidly scale business operations without the need for traditional payment infrastructures.

Forbes

All your earnings are subject to the 2.9% Medicare tax. ) There might also be the need for quarterly payment of estimated taxes too, to avoid estimated tax underpayment penalties.

Forbes

Preparing a cashflow forecast should tell you how much you need for VAT payments.

The Guardian

Expert writing Tips

Best practice

When discussing financial transactions, clarify the specific "need for payment" by detailing what the payment covers and the due date. This avoids ambiguity and ensures timely settlements.

Common error

Avoid simply stating the "need for payment" without providing sufficient information such as the amount due, payment method, and any applicable penalties for late payment. Always include these details to facilitate smooth transactions.

Linguistic Context

The phrase "need for payment" functions primarily as a noun phrase. Ludwig AI indicates that it is commonly used to express the requirement or necessity to provide funds or settle a financial obligation.

Expression frequency: Rare

Frequent in

News & Media

25%

Academia

25%

Science

17%

Less common in

Formal & Business

17%

Wiki

8%

Encyclopedias

8%

Ludwig's WRAP-UP

The phrase "need for payment" is a grammatically correct and usable expression that indicates a requirement or obligation to provide funds. Ludwig AI confirms its validity for expressing this necessity. While relatively rare in occurrence, it is commonly found in diverse contexts ranging from academic discourse and news reporting to business transactions. When using this phrase, clarity is key; always provide specific details regarding the amount due, payment method, and deadlines to facilitate smooth and timely transactions. Alternatives like "payment requirement" or "payment obligation" may be used to convey similar meanings, depending on the desired emphasis.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

payment requirement

Focuses on the formal aspect of payment as a mandatory condition.

payment obligation

Highlights the binding duty to make a payment.

necessity for payment

Emphasizes the essential nature of making a payment.

requirement to pay

Directly states the obligation to render payment.

obligation to pay

Highlights the contractual or legal duty to provide funds.

demand for payment

Stresses the assertive claim for funds.

pending payment

Indicates that payment is expected or due.

outstanding payment

Indicates that a payment is overdue.

invoice due

Directly refers to an unpaid bill.

financial obligation

Highlights the broader scope of financial responsibility.

FAQs

What are some alternatives to saying "need for payment"?

You can use phrases like "payment requirement", "payment obligation", or "necessity for payment" depending on the context.

How do I use "need for payment" in a sentence?

You can use "need for payment" to express that there is a requirement to pay money for a product or service. For example, "The contract specifies the need for payment within 30 days of invoice."

What's the difference between "need for payment" and "payment due"?

"Need for payment" generally refers to the initial requirement to pay, while "payment due" indicates that the payment deadline is approaching or has passed. They both pertain to the payment process but emphasize different points in time.

In what contexts is it appropriate to use the phrase "need for payment"?

The phrase "need for payment" is suitable in formal contexts such as legal agreements, invoices, and business communications, where clearly stating financial obligations is necessary.