payment is equal to

USAGE SUMMARY

The phrase "payment is equal to" is correct and usable in written English.
You can use it when discussing financial transactions or calculations to indicate that one amount matches another. Example: "In this case, the total payment is equal to the sum of all the invoices submitted."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

The payment is equal to the entire amount of profit that Mr. Becker and his brothers inherited from a Madoff account held by their mother, who died in 2004, according to a statement Monday by Amanda Remus, a spokeswoman for Irving H. Picard, the trustee liquidating Mr. Madoff's firm.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

The person, who asked not to be identified because the investigation was still in progress, said that the $30 million payment was equal to the amount of fees that Riverstone gained from the pension fund, the New York State Common Retirement Fund.

The New York Times

In the first half of this year, a typical benefit payment was equal to 35percentt of average wages across the country, down from 37percentt at the start of the 90's.

The New York Times

To address this concern, for each estimation method, we jointly test the null that the coefficients on log payments is equal to zero in all couples of years.

IZA Journal of Labor Policy

Despite the payment, which is equal to almost six months profit for Asos, shares in the company rose 132p, or 3%, to £46.94.

The Guardian - Business

Thus, in order to reflect an actuarially fair pension system, the lump-sum payment in LS10 is equal to 191.25 experimental units (with R  10) and in LS15 is equal to 345 experimental units (with R  15) following Eq. (5).

SERIEs

A compensatory payment (PC) that is equal to 1.5 % for each year of contribution, or fraction above 6 months (with a maximum of 35 years) of the average real gross salary (including the worker contributions to the social security system but excluding the employer contributions) during the last 10 years before retirement.

Latin American Economic Review

Then there was Assurance Plus, a one-time payment to the lender that is equal to 90 days of a loan or lease payment.

The New York Times

Finally, we compare our mechanism to the peer prediction mechanism introduced by Miller et al. (2007) [29] and show that the centre's total expected payment is the same in both mechanisms (and is equal to total expected payment in the case that the estimates can be compared to the actual outcome), while the variance in these payments is significantly reduced within our mechanism.

Artificial Intelligence

"The interest is tax deductible, so that the after-tax payment on the new mortgage is equal to or often less than the original mortgage.

The New York Times

1. {text{GDP}}^{text{BP}} = sum_{j} {text{PVA}}_{j} {text{VA}}_{j} + {text{TIPT}} (11) GDP at basic price is equal to payments made to value added and taxes on production other than taxes on labor and capital already included in factor costs.   2.

Journal of Economic Structures

Expert writing Tips

Best practice

When using "payment is equal to", ensure that both values being compared are clearly defined to avoid ambiguity. For instance, specify "the total payment is equal to the sum of the invoice amounts."

Common error

Avoid omitting units of measurement when stating that a "payment is equal to" a certain value. Always specify the currency or unit to provide clarity, such as "the payment is equal to 100 USD."

Linguistic Context

The phrase "payment is equal to" serves as a relational expression, indicating that the value of a payment corresponds precisely to another defined amount. Ludwig AI confirms the usability of this phrase in written English.

Expression frequency: Very common

Frequent in

News & Media

40%

Science

30%

Wiki

10%

Less common in

Formal & Business

10%

Encyclopedias

5%

Social Media

5%

Ludwig's WRAP-UP

The phrase "payment is equal to" is grammatically sound and commonly used to denote equivalence between a payment and another amount. As Ludwig AI confirms, it is suitable for written English. The phrase sees frequent use in news, science, and wiki contexts and is generally appropriate for neutral to professional communication. When employing this phrase, it's crucial to specify units of measurement and ensure clarity in defining the compared values. Alternatives include "payment matches" and "payment corresponds to". Overall, "payment is equal to" is a reliable and straightforward way to express financial equivalence.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

payment is the same as

Simple substitution indicating identical value.

payment matches

Replaces "is equal to" with "matches", suggesting an exact correspondence.

payment corresponds to

Indicates a relationship or similarity in amount or value.

payment is equivalent to

Emphasizes the equal value or amount of the payment.

payment equates to

Formally states that payment results to the same value.

payment amounts to

Indicates the final sum or total of the payment.

payment totals

Focuses on the overall sum of the payment.

payment comes to

Highlights the calculated or resulting value of the payment.

payment represents

Suggests that the payment embodies or accounts for a specific value.

payment reflects

Indicates that the payment mirrors or is indicative of a certain amount.

FAQs

How can I use "payment is equal to" in a sentence?

Use "payment is equal to" to show that the amount of a payment is the same as another value. For example, "The initial payment is equal to half the total cost."

What are some alternatives to "payment is equal to"?

You can use alternatives like "payment matches", "payment corresponds to", or "payment is equivalent to" depending on the context.

Which is correct, "payment is equal to" or "payment equals"?

Both "payment is equal to" and "payment equals" are grammatically correct. "Payment is equal to" is more formal, while "payment equals" is more concise. However, both express the same idea that two amounts are equivalent.

When should I use "payment is equal to" instead of "payment is approximately"?

Use "payment is equal to" when the amounts are exactly the same. If the amounts are nearly the same but not exact, use "payment is approximately equal to" or "payment is roughly equal to".