settle the amount

USAGE SUMMARY

The phrase "settle the amount" is correct and usable in written English.
You can use this phrase to indicate that an agreed-upon sum of money has been paid to resolve a financial obligation. For example: "We were able to settle the amount and he paid off the loan in full."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

Now Mr. Hutchins and the successor to Washington Mutual will meet in court to settle the amount he owes.

The New York Times

Imposing the latest fine, the judge likened the penalty to a "financial revolving door" because the trust has no funds, meaning that the Department of Health will settle the amount owed on its behalf.

The Guardian

The supplier offers the retailer a trade credit period to settle the amount.

Journal of Industrial Engineering International

In this direction, we have formulated a model for non-instantaneous deteriorating items with two levels of storage and the supplier offers the retailer a trade credit period to settle the amount.

Journal of Industrial Engineering International

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

The parties eventually settled the amount of the fees and litigation costs Shloss and her counsel were to receive at $240,000.

Stanford University

"When you have the 150 in addition to the 86 already settled, the amount at hand will be very, very low," Cardinal Law said.

The New York Times

Thus, when the supplier offers the retailer a delay period in settling the amount is known as trade credit period.

Journal of Industrial Engineering International

League One Oxford say they have offered to settle the outstanding amount with Firoka by next Wednesday.

BBC

Ukraine announced on Friday that it had made a payment, but has refused to settle the full amount in protest against Gazprom's recent 80% price increase.

BBC

A commission in Washington produced a treaty whereby an international tribunal would settle the damage amounts; the British admitted regret, but not fault.

Wikipedia

The commission created a treaty where an international Tribunal would settle the damage amounts; the British admitted regret, not fault, over the destructive actions of the Confederate war cruisers.

Wikipedia

Expert writing Tips

Best practice

When using "settle the amount" in legal or financial contexts, ensure that the settlement terms are clearly documented to avoid future disputes.

Common error

Avoid using "settle the amount" when you simply mean to calculate or determine an amount. "Settle" implies resolution or agreement, not just computation.

Linguistic Context

The phrase "settle the amount" primarily functions as a verb phrase where "settle" acts as a transitive verb, taking "the amount" as its direct object. It indicates the action of resolving or agreeing upon a specific sum of money. Ludwig AI confirms its usability.

Expression frequency: Uncommon

Frequent in

News & Media

60%

Science

20%

Academia

20%

Less common in

Formal & Business

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, the phrase "settle the amount" is a grammatically correct and usable phrase for expressing the resolution of a financial sum. As indicated by Ludwig AI, its primary function is to convey that an agreement has been reached on a specific monetary value, commonly in contexts like news, science, and academia. While not extremely frequent, it is a valid and useful expression. To avoid misunderstandings, remember that "settle" implies agreement, not merely calculation. Alternative phrases like "determine the sum" or "resolve the payment" may be more appropriate depending on the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Determine the sum

Focuses on the act of finding the total amount, differing from settling.

Resolve the payment

Emphasizes the act of resolving a pending payment.

Establish the figure

Highlights the creation of a financial value.

Fix the price

Implies setting a definitive price or value.

Agree on the price

Focuses on mutual agreement regarding a monetary value.

Calculate the balance

Emphasizes the arithmetic process of computing a balance.

Finalize the payment

Highlights the completion and finalization of a payment process.

Negotiate the sum

Implies bargaining to reach an agreeable amount.

Adjudicate the sum

Suggests a formal or legal decision process in setting the amount.

Liquidate the debt

Highlights the repayment of debt, often through asset conversion.

FAQs

How can I use "settle the amount" in a sentence?

You can use "settle the amount" to describe reaching an agreement on a financial obligation, such as "The parties met to "settle the amount" owed in the contract dispute".

What's a good alternative to "settle the amount"?

Alternatives include phrases like "determine the sum", "resolve the payment", or "agree on the price", depending on the specific context.

Is it correct to say "settle on the amount" instead of "settle the amount"?

While "settle on the amount" is grammatically sound, ""settle the amount"" is more direct and commonly used, particularly in formal contexts.

What does it mean to "settle the amount" in a legal context?

In a legal context, to ""settle the amount"" means to reach a final agreement on the monetary value of a claim or debt, often resolving a dispute outside of court.