purposes of payment

USAGE SUMMARY

The phrase "purposes of payment" is correct and usable in written English.
It can be used in contexts where you are discussing the reasons or objectives related to making a payment. Example: "The funds will be allocated for the purposes of payment for the services rendered."

✓ Grammatically correct

Science

News & Media

Encyclopedias

Formal & Business

Wiki

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

Negotiable instruments are used for purposes of payment or credit and as security.

Encyclopedia Britannica

Rather, the creditor may transfer it (for purposes of payment or borrowing) to a fourth party, and the latter may transfer it to a fifth, and so on, in a long chain.

Encyclopedia Britannica

Furthermore, claims data are collected for the purposes of payment, and not for research.

ClinicoEconomics and Outcomes Research

Among study limitations are use of administrative claims data, which are collected for purposes of payment rather than research; thus, coding of URI diagnoses might be questionable.

Emerging Infectious Diseases

Human-verified similar examples from authoritative sources

Similar Expressions

55 human-written examples

On the bank transfer forms, Mr. Albrecht said, on the line after "purpose of payment," they wrote, "Dar al-Ansar," Arabic for "house of supporters".

The New York Times

(Note: please just write "service" for the purpose of payment on the payment slip, or just keep blank, otherwise we can not receive the payment).

Vice

Claims data are collected for the purpose of payment and not research and may not accurately capture a patient's medical use history.

Cardiovascular Diabetology

Claims data are collected for the purpose of payment, not research, and therefore capture an individual's medical history to a limited degree.

BMC Health Services Research

Claims data are collected for the purpose of payment and not research, and are subject to possible coding errors, undercoding, and coding for the purpose of ruling out a suspected disease rather than determining the actual disease.

Applied Health Economics and Health Policy

Claims data are collected for the purpose of payment and not research, and are subject to possible coding errors, coding for the purpose of rule-out rather than actual disease, and undercoding.

Cancer Management and Research

Second, claims databases are collected for the purpose of payment to providers for the medical services rendered on behalf of enrolled members and rely on the coding of numerous medical events.

BMC Infectious Diseases

Expert writing Tips

Best practice

When using "purposes of payment", clearly state what the payment is intended for to avoid ambiguity. For instance, specify "purposes of payment for services rendered" or "purposes of payment for goods purchased".

Common error

Avoid using overly broad descriptions like "general business expenses" when detailing the "purposes of payment". Providing specific details enhances transparency and accountability.

Linguistic Context

The phrase "purposes of payment" functions as a noun phrase acting as an adverbial phrase of purpose, clarifying the reason behind a financial transaction. As Ludwig AI explains, it's a standard and acceptable phrase in English.

Expression frequency: Uncommon

Frequent in

Science

30%

News & Media

30%

Formal & Business

20%

Less common in

Encyclopedias

10%

Wiki

10%

Reference

0%

Ludwig's WRAP-UP

In summary, "purposes of payment" is a grammatically sound phrase used to specify the reasons behind a financial transaction. As Ludwig AI confirms, it's a correct and usable expression. While not extremely common, it appears consistently across diverse contexts, including science, news media, formal business, encyclopedias and wiki sources. To ensure clarity, specify the exact intent of the payment. When needing alternatives, consider options like "reasons for payment" or "objectives of payment".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

reasons for payment

Focuses on the justifications or explanations for making a payment.

objectives of payment

Highlights the goals or intended outcomes achieved through the payment.

payment rationale

Emphasizes the underlying logic or justification for the payment.

intent of payment

Specifies the intended use or aim behind the payment.

basis for payment

Indicates the foundation or grounds upon which the payment is made.

justification for payment

Emphasizes the reasons or arguments that support the payment.

payment goals

Focuses on the desired results or targets related to the payment.

payment intentions

Emphasizes the planned actions or objectives associated with the payment.

aims of payment

Highlights the ultimate goals or purposes that the payment is meant to achieve.

payment motive

Focuses on the underlying reason or driving force behind the payment.

FAQs

What are some alternative ways to express "purposes of payment"?

You can use alternatives like "reasons for payment", "objectives of payment", or "payment rationale" to convey similar meanings.

How can I use "purposes of payment" in a sentence?

You can use "purposes of payment" in a sentence like this: "The funds will be allocated for the "purposes of payment" for the services rendered".

Is it better to use "purpose of payment" or "purposes of payment"?

While "purpose of payment" is grammatically correct when referring to a single reason, "purposes of payment" is suitable when multiple reasons or objectives are involved.

What details should I include when describing the "purposes of payment"?

When describing the "purposes of payment", include specific information such as the type of goods or services, the dates, and any relevant contract or invoice numbers. This ensures clarity and avoids misunderstandings.