receipt of payment

USAGE SUMMARY

The phrase "receipt of payment" is correct and usable in written English.
For example, you could use it in a formal email or letter to thank the recipient for their payment: "Thank you for your prompt receipt of payment."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

9 human-written examples

VAT is payable on invoice, not on receipt of payment, which creates terrible cashflow problems for small firms.

The Economist

The separation of the flows of payment process and session access supposes that the payment process has to generate some payment information (token or receipt of payment) for subsequent inclusion in the SIP session to confirm the payment and for the SIP session to allow access [5].

EURASIP Journal on Wireless Communications and Networking

Under the law in Massachusetts, an "art dealer must pay the artist monies due from the sale of the consigned work within 90 days of receipt of payment.

Huffington Post

However, authors agree that these payments are unofficial, i.e. they are outside the official payment channels (not registered by the state and made without an official receipt of payment).

BMC Health Services Research

Overall, informal patient payments are accepted to be unofficial, i.e. they are not registered by the state and are made without an official receipt of payment, and remain outside the official payment channels.

BMC Health Services Research

Perceived work stress questions covered 7 items: (1) long working hours and excessive workload, (2) poor relationship with fellow workers, (3) excessively low salary, (4) poor relationship with boss, (5) delay in receipt of payment of wage, (6) poor working conditions, and (7) job insecurity [ 20].

BMC Public Health

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

The investigators tracked the activities of the ransomware campaign, from the recruitment of group members to its receipt of payments.

Encyclopedia Britannica

We conducted a choice experiment in the Mahafaly plateau in Southwestern Madagascar, an area which meets the aforementioned criteria, to test the importance of the time of receipt of payments.

Ecological Economics

Mr Duncan Smith cited Department for Work and Pensions research that suggests the cap on housing benefit - due to come in next year - meant a third of people in receipt of payments would look for work.

BBC

Similarly, although minimizing the time lag between care delivery and receipt of payments is warranted, data collection and validation are often time consuming and could result in payment coming long after the period of care delivery.

European Journal of Health Economics

Record your receipt of payments.

WikiHow

Expert writing Tips

Best practice

When issuing a "receipt of payment", ensure all details such as date, amount, payer, and purpose are clearly stated to avoid ambiguity.

Common error

Avoid using "receipt of payment" interchangeably with "payment". The former confirms that a payment was received, while the latter is the act of paying. For instance, you "make a payment" and "receive a receipt of payment".

Linguistic Context

The phrase "receipt of payment" functions as a noun phrase, typically used to denote the act or instance of receiving payment, or the document that serves as proof of this transaction. As confirmed by Ludwig, it is grammatically correct and usable in written English.

Expression frequency: Uncommon

Frequent in

News & Media

30%

Science

30%

Wiki

20%

Less common in

Formal & Business

10%

Encyclopedias

5%

Reference

5%

Ludwig's WRAP-UP

The phrase "receipt of payment" is a grammatically correct noun phrase used to confirm that a payment has been received. As Ludwig AI highlights, it's common in formal settings. It serves as proof of transaction and is vital for record-keeping. While "receipt of payment" is a valid phrase, it's important not to confuse it with similar terms like "proof of payment", which emphasizes the payer's action rather than the receiver's acknowledgment. To prevent mistakes, remember that you "issue a receipt of payment" and "make a payment". The frequency of this term is classified as uncommon, with considerable usage in news, science and wiki domains.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Payment received

Focuses on the action being completed rather than the formal acknowledgment.

Confirmation of payment

Highlights the verification aspect, similar to acknowledging receipt.

Payment acknowledgment

Emphasizes the act of recognizing that a payment has been made.

Verification of payment

Indicates a check has been performed to ensure the payment is valid.

Clearance of payment

Indicates the payment has been fully processed and is no longer pending.

Payment confirmation notice

Adds formality by specifying a 'notice' as the method of confirmation.

Official payment receipt

Specifies an official document as evidence.

Payment notification

Stresses the communication aspect of informing about the payment.

Payment acceptance

Highlights the act of the recipient agreeing to the payment.

Remittance receipt

Uses a more formal term for payment and receipt.

FAQs

How to use "receipt of payment" in a sentence?

You can use "receipt of payment" to confirm that money has been received. For example, "Please provide the "receipt of payment" to process your refund."

What can I say instead of "receipt of payment"?

You can use alternatives like "payment received", "confirmation of payment", or "payment acknowledgment" depending on the context.

Which is correct, "receipt of payment" or "proof of payment"?

"Receipt of payment" is the formal confirmation that a payment has been received by the seller. "Proof of payment" is the evidence provided by the buyer to show that they have made a payment, but it does not guarantee receipt by the seller.

What's the difference between "receipt of payment" and "payment confirmation"?

"Receipt of payment" is a document that acknowledges the payment while a "payment confirmation" is the action of confirming that a payment was made. Therefore, you would "send a receipt" and "issue a payment confirmation".