payable sum

USAGE SUMMARY

The phrase "payable sum" is correct and usable in written English.
It can be used in financial contexts to refer to an amount of money that is due to be paid. Example: "The contract specifies a payable sum of $10,000 to be settled within 30 days."

✓ Grammatically correct

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

There are also decreasing term policies where the sum payable on death reduces over the course of the term.

The Guardian - Money

He was offered a contract of £5,000 for the entire sequence, a respectable sum, payable in installments of £500 per book.

The New York Times - Arts

The check came back through her bank, properly endorsed by Catharine of Aragon, who had made the full sum payable to the Literary Guild.

The New Yorker

Cash in the bank, from the individual and business point of view, means a sum payable in cash immediately, during regular banking hours, on order, deposited in what is called a commercial or checking account.

Encyclopedia Britannica

However, since the tax was paid only on dividends cashed, not on the total sum payable to the Vatican, it was impossible to estimate the total value of Vatican holdings in Italian investments.

The New Yorker

Instead, Miller is referring to the decision by fellow MPs on the standards and privileges committee to overturn Hudson's recommendation by reducing the sum payable to just £5,800.

The Guardian

The registered rent will not include the council tax charge (although if the landlord pays any of this, this information will be noted on the rent register), but it will include any sum payable for furniture and services provided by the landlord.

The Guardian

TRDCRD is the ratio of accounts payable to the sum of short-term bank debt plus accounts payable.

SERIEs

As a final analysis to examine in depth the firm's choice of short-term financial sources under asymmetric information, we define our seventh dependent variable, TRDCRD, as the ratio of accounts payable to the sum of short-term bank debt plus accounts payable.

SERIEs

When Tennessee fired former head coach, Derek Dooley, (before hiring Butch) it agreed to pay Derek $5 million, a sum payable in installments over four years.

Huffington Post

In determining the WTP values in this study, the method of payment offered to the respondents was a lump sum payable within 6 months, which may also have contributed to this limitation.

ClinicoEconomics and Outcomes Research

Expert writing Tips

Best practice

When using "payable sum", ensure the context clearly indicates what the sum is for and when it is due. For clarity, specify the currency and payment terms.

Common error

Avoid using "payable sum" in contexts where the amount is uncertain or subject to change. Instead, use more precise language like "estimated cost" or "projected expenses" until the sum is finalized.

Linguistic Context

The phrase "payable sum" functions primarily as a noun phrase. It identifies a specific amount of money that is required to be paid. As Ludwig AI indicates, this phrase is grammatically sound and suitable for use, particularly in financial or legal contexts.

Expression frequency: Missing

Frequent in

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Less common in

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Ludwig's WRAP-UP

In summary, "payable sum" is a grammatically correct phrase used to denote a specific amount of money that is due. As Ludwig AI points out, this phrase is more suited for formal contexts such as legal or financial documentation. Although correct, it is not very common; thus, other similar phrases like "amount due", or "sum due" might be more frequently encountered. When using "payable sum", clarity is key to ensure the context and amount are explicitly defined.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Amount due

Emphasizes the obligation to pay an amount that has reached its due date.

Sum due

Similar to "amount due", but can sometimes imply a formal or legal context.

Outstanding balance

Refers to the portion of a total amount that remains unpaid.

Amount owed

Highlights the debt aspect; the money is owed to someone.

Debt payable

More formal, explicitly indicating a debt that is required to be paid.

Payment due

Focuses on the payment itself rather than the sum.

Due amount

A more concise and slightly less common phrasing.

Balance payable

Indicates the remaining balance that needs to be paid.

Reimbursable amount

Specifically refers to an amount that is to be reimbursed.

Collectible sum

Emphasizes the right or ability to collect the amount.

FAQs

How can I use "payable sum" in a sentence?

You can use "payable sum" to refer to an amount of money that is due or required to be paid. For example, "The contract specifies a "payable sum" of $10,000 to be settled within 30 days".

What are some alternatives to "payable sum"?

Some alternatives to "payable sum" include "amount due", "sum due", or "outstanding balance" depending on the specific context.

Is "payable sum" formal or informal?

"Payable sum" is generally considered a neutral to slightly formal term, suitable for business or legal contexts. More informal terms might be used in everyday conversation.

When should I use "payable sum" over other similar phrases?

Use "payable sum" when you want to emphasize the exact amount that is required to be paid, especially in contractual or financial agreements. Other terms might be more appropriate when discussing estimates or balances.