receipt of payments

USAGE SUMMARY

The phrase "receipt of payments" is correct and usable in written English.
It can be used in contexts related to financial transactions, accounting, or business communications to refer to the acknowledgment or confirmation of payments received. Example: "The receipt of payments will be confirmed via email once the transaction is processed."

✓ Grammatically correct

Formal & Business

News & Media

Science

Wiki

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

5 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

Human-verified similar examples from authoritative sources

Similar Expressions

55 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

Expert writing Tips

Best practice

When documenting "receipt of payments", always include a record or reference number to ensure traceability and easy auditing.

Common error

Avoid using "receipt of payments" when you actually mean the issuance of an invoice or a payment request. "Receipt of payments" refers specifically to the confirmation that funds have been received, not the initial request for payment.

Linguistic Context

The phrase "receipt of payments" functions as a noun phrase, typically acting as the object of a verb or preposition. It signifies the act or process of receiving money. Ludwig AI confirms that it is a correct and usable phrase.

Expression frequency: Rare

Frequent in

News & Media

40%

Wiki

40%

Science

20%

Less common in

Formal & Business

0%

Encyclopedias

0%

Social Media

0%

Ludwig's WRAP-UP

The phrase "receipt of payments" is a grammatically sound and usable noun phrase that describes the act of receiving funds. Though Ludwig AI confirms its correctness, it is relatively rare. It finds its use primarily in news and wiki contexts. When using this phrase, it's crucial to specify dates and amounts for clarity. Alternatives such as "collection of payments" or "acknowledgment of payments" can be considered depending on the specific nuance you wish to convey. Be careful not to confuse "receipt of payments" with the issuance of invoices.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

collection of payments

This alternative emphasizes the process of gathering payments together.

acceptance of payments

This emphasizes the action of willingly taking the payments.

acknowledgment of payments

Focuses on the act of formally recognizing that payments have been made.

confirmation of payments

Highlights the verification that the payments were indeed received.

funds received

A shorter phrase focusing on the result of the payment process.

payments received

Reorders the words to put emphasis on the payments.

monies received

Uses an alternative word for "payments", which is "monies".

getting payments

Using a gerund form.

payments acquisition

This noun focuses on obtaining payments.

payments in hand

This idiomatic expression means that the payments have been received.

FAQs

How do I properly document the "receipt of payments"?

Ensure you record the date, payer, amount, and method of payment. A receipt or transaction number is also useful. Keeping organized records is crucial for accounting and auditing purposes.

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

While very similar, "acknowledgment of payment" implies a formal notification sent to the payer, confirming the payment was received. "Receipt of payment" refers more generally to the act of receiving funds.

Which is more formal, "receipt of payments" or "collection of payments"?

"Receipt of payments" is generally considered more neutral, while "collection of payments" often implies a more active effort to gather funds that are due. The choice depends on the context.

What verbs are commonly used with "receipt of payments"?

Common verbs include "confirm", "record", "acknowledge", "verify", and "document". For example, "We confirm the receipt of payments" or "Please record the receipt of payments promptly".