postponement of payment

USAGE SUMMARY

The phrase "postponement of payment" is correct and usable in written English.
It can be used in financial contexts when referring to delaying the due date for a payment. Example: "The company has agreed to a postponement of payment until the end of the month due to unforeseen circumstances."

✓ Grammatically correct

News & Media

Formal & Business

Wiki

Science

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

"The loan offer was made to the regions before the ERC board meeting on Wednesday, 5 February when the postponement of payment distributions was confirmed.

BBC

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

--Looking for Employment, Houston, TexasA.If you have private student loans from Sallie Mae, you may be able to negotiate a forbearance: a temporary postponement of payments during which interest accrues.

The New York Times

All are hoping that low-interest government loans and and postponement of tax payments will help them through the huge drop-off in business.

The New York Times - Food

Almost 400,000 small and medium-sized enterprises were helped through the postponement of loan payments and other credit-agreement initiatives that freed €20 billion ($27 billion) of additional liquidity.Over the past decade, Italian banks financed the economy abundantly.

The Economist

The provision allows the agency to request a 45-day postponement of any "extraordinary" payments by a company it is investigating.

The New York Times

In return for the postponement of its payments, Argentina has agreed to follow a series of policies governing difficult issues like tax and utility rates and bankruptcy procedures.

The New York Times

Shortly after the election, Hoover received a joint Anglo-French request for a postponement of the first world war debt payments that were scheduled to fall due on December 15.

The Guardian - Opinion

New kinds of payment plans?

The New Yorker

Plan for schedule of payment.

Unicef

Get proof of payment.

WikiHow

Unaware of payment terms.

WikiHow

Expert writing Tips

Best practice

When requesting a "postponement of payment", clearly state the reason for the request and propose a specific new date for payment. This increases the likelihood of your request being granted.

Common error

Avoid simply stating that you need a "postponement of payment" without providing context or a proposed plan. This can create uncertainty and reduce the chances of a positive response. Always include a specific reason and a suggested new payment date.

Linguistic Context

The phrase "postponement of payment" functions as a noun phrase, typically serving as the subject or object of a sentence. Ludwig AI indicates that it is correct and usable in written English.

Expression frequency: Common

Frequent in

News & Media

35%

Formal & Business

25%

Science

15%

Less common in

Wiki

10%

Encyclopedias

5%

Reference

5%

Ludwig's WRAP-UP

The phrase "postponement of payment" is a grammatically sound noun phrase used to describe an approved delay in a scheduled payment. Ludwig AI confirms its correctness and usability. It's commonly employed in business, finance, and news contexts, as evidenced by its prevalence in sources like The New York Times and BBC. When using this phrase, clarity is key; always provide context and propose a specific new payment date. Alternatives include "payment deferral" and "payment delay". Remember that "postponement of payment" differs from payment forgiveness, as it only delays the obligation, rather than eliminating it. Overall, understanding the nuances of this phrase helps ensure effective communication in financial and business settings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

payment deferral

Focuses on the act of officially delaying a payment.

deferment of payment

A formal term indicating a temporary suspension of payment obligations.

payment delay

A more general term implying a temporary hold-up in the payment process.

delaying payment

A gerund form that focuses on the action of delaying.

payment rescheduling

Emphasizes the act of arranging a new, later date for payment.

rescheduling payment

Similar to "payment rescheduling" but emphasizes the action.

payment extension

Highlights the granting of extra time to make a payment.

suspension of payment

Implies a temporary cessation of payment obligations.

moratorium on payments

Indicates a legally authorized period of delay in payment.

payment grace period

The time allowed after a payment is due before penalties are applied.

FAQs

What does "postponement of payment" mean?

A "postponement of payment" refers to an approved delay in the date when a payment is due. It essentially grants the payer extra time to fulfill their financial obligation.

What is an alternative to "postponement of payment"?

You can use alternatives like "payment deferral", "payment delay", or "payment rescheduling", depending on the specific context.

How do I request a "postponement of payment"?

To request a "postponement of payment", contact the creditor or service provider, explain your situation, and propose a new payment date. Be prepared to provide documentation if necessary.

Is "postponement of payment" the same as "payment forgiveness"?

No, a "postponement of payment" is not the same as payment forgiveness. Postponement only delays the payment, whereas forgiveness eliminates the debt entirely.