payment is settled

USAGE SUMMARY

The phrase "payment is settled" is correct and usable in written English.
You can use it in contexts where a financial transaction has been completed and confirmed. Example: "After reviewing the invoice, I can confirm that the payment is settled and the transaction is complete."

✓ Grammatically correct

Electric Power Systems Research

BMC Health Services Research

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

Numerical analysis is performed to demonstrate how the current MCM and MCM with DR work, as well as how the incentive payment is settled.

Electric Power Systems Research

As suggested by a previous study by Bitner et al (2000) [ 44], role expectation and role performance all have an influence on an assessment of service quality and satisfaction by customers after services are delivered and the payment is settled.

BMC Health Services Research

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

Mr. Chadwick said that the original contempt order was issued before the divorce case and alimony payment were settled, so that he could not technically appeal it under state law.

The New York Times

Presley's payment was settled at 250,000 and 50% of the royalties from the distribution of the movie.

Wikipedia

Worries about the mortgage in the run-up to Christmas were eased for the majority of Sturrock's squad when overdue payments were settled from receipts from the midweek FA Cup replay win over Bury, and an unexpected bonus payment from the transfer of Gary Hooper from Scunthorpe to Celtic.

Independent

Nigeria will play in the Confederations Cup in Brazil next week after a dispute about bonus payments was settled.

BBC

Everything is settled on mobile phone payment apps.

Huffington Post

Settlement risk is also known as Herstatt risk, after a German bank that failed in 1974 and left many of its counterparties nursing big losses.CLS solves this problem by ensuring that both sides' payment instructions are settled at the same time.

The Economist

Governments could oblige tax payments to be settled with central-bank liabilities, for instance, thus preserving a monetary base on which to act.

The Economist

At the time, Lagarde tried to calm the escalating political row by saying Tapie would pocket only about €30m once tax and debt payments had been settled.

The Guardian - Business

Cameroon's build up to the tournament in Brazil was marred by the players refusing to board a plane to Brazil until a dispute over bonus payments had been settled.

BBC

Expert writing Tips

Best practice

Use "payment is settled" in formal contexts to confirm that a payment has been fully processed and the transaction is complete. For example, in confirming invoices or financial agreements.

Common error

Avoid using "payment is settled" in very informal situations where simpler phrases like "payment is done" or "it's paid" are more appropriate.

Linguistic Context

The phrase "payment is settled" functions as a declarative statement confirming the completion of a financial transaction. It is used to provide assurance that a payment obligation has been fulfilled.

Expression frequency: Uncommon

Frequent in

Science

50%

News & Media

0%

Formal & Business

0%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "payment is settled" is a grammatically correct expression used to confirm the completion of a financial transaction. Ludwig AI analysis indicates that the phrase is more often found in scientific contexts. While not highly frequent, it is suitable for formal communications, ensuring all parties that the payment has been successfully processed and that obligations are fulfilled. It is important to use this phrase in contexts where formality and clarity are required, and to opt for simpler alternatives in more casual settings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

payment is complete

A more concise way of stating the payment's completion.

payment has been made

Indicates that the action of paying has been performed.

payment has been completed

This alternative emphasizes the completion aspect of the payment.

payment has been finalized

This alternative suggests the payment process is completely done and no further actions are needed.

payment has been cleared

This implies that the payment has passed through all necessary checks and is now fully processed.

payment is processed

Focuses on the action of processing the payment to its completion.

payment is effectuated

A formal way of saying the payment has been made and taken effect.

payment is discharged

Implies that the obligation to pay has been fulfilled.

payment is liquidated

This alternative describes the clearing of a debt via payment.

payment is remitted

Suggests the funds have been sent and received as a payment.

FAQs

What does "payment is settled" mean?

The phrase "payment is settled" indicates that a financial transaction has been completed and all obligations related to the payment have been fulfilled.

What can I say instead of "payment is settled"?

You can use alternatives like "payment is complete", "payment has been made", or "payment has been cleared" depending on the context.

Is "payment is settled" formal or informal?

"Payment is settled" is generally considered a formal phrase, suitable for business or official communications. In informal contexts, simpler alternatives might be preferred.

How do I use "payment is settled" in a sentence?

You might say, "After reviewing the transaction, I can confirm that the payment is settled" or "The invoice indicates that the payment is settled and the account is now in good standing".