payment incurred

USAGE SUMMARY

The phrase "payment incurred" is correct and usable in written English.
It can be used in contexts related to financial transactions, indicating that a payment has been generated or is due as a result of a service or product received. Example: "The total amount of payment incurred for the services rendered will be reflected in your next invoice."

✓ Grammatically correct

Science

News & Media

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

We show that the payment incurred by two mechanisms based on approximation algorithms (including the Greedy algorithm) is bounded by (k−1 c OPT)+k⋅c OPT′).

Theoretical Computer Science

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

Among them are $50 million for the installation of long-awaited White House fence segments intended to improve security at the Executive Mansion and $13 million to make overtime payments incurred during last year's presidential campaign.

The New York Times

The AP is designed for customers to decrease extra payments incurred upon exceeding the PPP limit.

Journal of Modern Power Systems and Clean Energy

Since illness is unpredictable, the consequent out-of-pocket payments incurred are likely to impose a financial burden on families.

BMC Health Services Research

Patient exit interview tools contained questions on the patient's ART treatment phase, reason for visit, care received, payments incurred for the visit, reason for selecting facility and satisfaction with visit.

Health Policy and Planning

All cost data, which represented payments incurred by the Medicaid system, were standardised at the claim level to 2010 US dollars using the medical care component of the US Consumer Price Index.

BMJ Open

It was a gift… 1 The person asked for it… 2 The person hinted for it … 3 Difficult to say… 4 Given the difficulties in isolating informal payments from official charges and gifts, the main analysis presented below focuses not on informal payments per se, but on all out-of-pocket payments incurred by individuals as a result of using health care services.

Health Policy and Planning

In the U.S., the patient access to OADs may be influenced in part by additional copayments and out of pocket payments incurred by the patients and the complexity of the reimbursement systems, which can discourage patients from receiving treatment with OADs.

BMC Health Services Research

This time, I am guaranteed to not only miss October's payments, incurring penalty fees, but also face having no food for three weeks.

The Guardian

Be responsible about your card and you'll do well; be irresponsible — missing payments, incurring fees, spending over your limit — and your credit card will start working against you.

WikiHow

For example, if a late payment incurs interest at the rate of 8% and a one-time late charge of $35, you should describe this remedy.

WikiHow

Expert writing Tips

Best practice

When detailing financial reports or legal documents, use "payment incurred" to precisely denote when a financial obligation was created or recognized, clarifying accountability and timelines.

Common error

Avoid using "payment made" when you specifically want to emphasize the obligation or recognition of the expense, not just the act of paying. "Payment made" refers to the action of paying, while "payment incurred" refers to the point when the liability was established.

Linguistic Context

The phrase "payment incurred" functions as a noun phrase acting as the object of a verb, indicating a financial obligation that has been created or recognized. Ludwig AI confirms its usability, exemplified by sentences where it specifies financial transactions.

Expression frequency: Common

Frequent in

Science

50%

News & Media

45%

Formal & Business

5%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "payment incurred" is a grammatically sound and common phrase used to denote the creation or recognition of a financial obligation. Ludwig AI confirms that the phrase is usable in written English, particularly in financial contexts. Its usage leans towards neutral to professional registers, making it suitable for reports, legal documents, and news articles involving financial details. Alternatives include "payment made", "cost borne", and "charge accrued". When writing, remember to distinguish between "payment incurred" and "payment made", as the former emphasizes the obligation, not just the act of paying.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

payment made

Focuses on the action of paying, rather than the obligation.

cost borne

Emphasizes the financial burden or responsibility assumed.

expense sustained

Highlights the experience of undergoing a financial loss or outlay.

charge accrued

Implies a gradual accumulation of financial obligation.

fee levied

Suggests an official or imposed payment.

debt accumulated

Specifically refers to the increase of debt.

obligation arisen

Highlights the emergence of a duty to pay.

liability created

Focuses on the establishment of a financial responsibility.

amount due

Highlights that a payment is expected.

financial obligation undertaken

Emphasizes a deliberate acceptance of a payment responsibility.

FAQs

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

You can use "payment incurred" to indicate when a financial obligation was created or recognized. For example, "The total amount of payment incurred for the services rendered will be reflected in your next invoice."

What's the difference between "payment incurred" and "expense incurred"?

"Payment incurred" specifically refers to the obligation to pay, while "expense incurred" is a broader term encompassing any cost. Payment implies a transfer of funds will occur.

What can I say instead of "payment incurred"?

You can use alternatives such as "payment made", "cost borne", or "charge accrued" depending on the specific context.

Is it correct to say "payments incurred" instead of "payment incurred"?

Yes, "payments incurred" is the plural form and is correct when referring to multiple payment obligations. "Payment incurred" is used when referring to a single instance or a general concept.