owed payment

USAGE SUMMARY

"owed payment" is correct and usable in written English. You can use it when referring to a payment that is due or that someone is obligated to make. Example: "The company has an owed payment from the client that needs to be settled." Alternative expressions include "due payment" and "outstanding payment."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

Capita agreed a deal last year to process mortgages for the bank and claims it is owed payment.

The Guardian - Business

He gains the attention and respect of cultural juggernauts like Mick Jagger while the performers in his films berate him with charges that they are owed payment for their contributions.

Vice

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

Still, with assorted late fees and owed payments piling up, she could not afford the loan.

The New York Times

It said recently that it had financed four Iranian fields -- Sirri, South Pars 2 & 3, Balal and Dorood -- under contracts for which it is still owed payments.

The New York Times

Burdened by debt — the Islanders still owed payments to the National Hockey League and to New York Rangers stemming from their entry into the league — Boe was forced to sell.

The New York Times

And it gave advice to those companies who are owed payments by SSI UK. "If you have supplied goods or services to SSI for which you have not been paid you will be a creditor in the liquidation".

The Guardian - Business

A Norway-based supplier of car-seat parts and a consulting group based in the automaker's home market of Sweden are owed payments; failure to pay suppliers led to the initial shutdown at Saab's primary production facility, which, despite a brief resumption earlier this summer, has remained idle for nearly five months.

The New York Times

An article yesterday about a judge's ruling that 3 of 20 insurers of the World Trade Center owed payments to the leaseholder, Larry A. Silverstein, for just a single terrorist attack, rather than two, misattributed a quotation that described the ruling as a setback for him.

The New York Times

Correction: September 27 , 2002 Friday An article yesterday about a judge's ruling that 3 of 20 insurers of the World Trade Center owed payments to the leaseholder, Larry A. Silverstein, for just a single terrorist attack, rather than two, misattributed a quotation that described the ruling as a setback for him.

The New York Times

Individuals seeking economic justice could form organizations that, under certain conditions, could force individuals to give them the payment they owe for their rights over natural resources, and could then transfer the payments to the individuals who are owed payments (after deducting a fee for the service, if the person agrees).

SEP

Since most suppliers are paid in full well before goods leave the factory, the importer doesn't even enjoy the leverage that comes with owing payment to the supplier.

Forbes

Expert writing Tips

Best practice

When using "owed payment", ensure clarity regarding who owes the payment to whom. Specify both parties for maximum transparency and avoid ambiguity.

Common error

Avoid using "owing payment" when you mean "owed payment". "Owed" indicates a past action of owing, while "owing" describes the current state of owing. Use "owed" when referring to an existing obligation.

Linguistic Context

The phrase "owed payment" functions as a noun phrase describing a financial obligation. It typically identifies a specific amount that is due, often stemming from a prior transaction or agreement. Ludwig provides examples showcasing its use in formal and informal contexts.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Science

33%

Wiki

33%

Less common in

Formal & Business

0%

Encyclopedias

0%

Social Media

0%

Ludwig's WRAP-UP

In summary, "owed payment" is a grammatically correct noun phrase used to denote a financial obligation or debt. Although Ludwig identifies it as correct and usable, its frequency is uncommon. It appears across various contexts, including news and media, science, and wiki sources, and is best used when specifying a clear financial liability. The phrase's neutrality makes it suitable for both formal and informal communication. For clarity, specify who owes the payment to whom. Ludwig's analysis and real-world examples provide a strong foundation for understanding and correctly using the phrase.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

outstanding balance

Focuses on the amount still due.

payment due

Emphasizes the immediacy of the obligation.

balance owed

Similar to 'outstanding balance' but reverses the word order.

debt outstanding

Highlights the debt that has not yet been settled.

amount payable

Focuses on the sum that must be paid.

payment in arrears

Indicates the payment is overdue.

debt remaining

Emphasizes the portion of the debt that is still unpaid.

outstanding invoice

Refers to a specific document indicating the amount owed.

unpaid dues

Specifically relates to membership or subscription fees that are outstanding.

accounts payable

A financial term referring to short-term debts owed by a company.

FAQs

How can I use "owed payment" in a sentence?

You can use "owed payment" to describe a past or present financial obligation. For example, "The company has an "owed payment" from the client that needs to be settled soon."

What is the difference between "owed payment" and "due payment"?

"Owed payment" refers to a payment that is currently an obligation because of a past action, while "due payment" emphasizes that the payment is required at a specific time.

What are some alternatives to saying "owed payment"?

You can use alternatives like "outstanding balance", "payment due", or "debt outstanding" to convey a similar meaning depending on the context.

Is it correct to say "owing payment" instead of "owed payment"?

While "owing" describes the state of owing something, "owed" is generally preferred when referring to a specific payment. Therefore, "owed payment" is the more grammatically sound and widely accepted phrase.