settle the payment

USAGE SUMMARY

The phrase 'settle the payment' is correct and can be used in written English.
You can use it when you want to describe the process of making a payment. For example: "I had to settle the payment before I could check out of the store."

✓ Grammatically correct

Science

Wiki

News & Media

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

In practice, vendors allow a fixed period to settle the payment without penalty for their customers to increase sales and reduce on-hand inventory.

Journal of Industrial Engineering International

To handle the risks of trade credit situations, retailer collects a higher interest from his customers when they did not settle the payment within the credit period time.

Journal of Industrial Engineering International

Settle the payment terms of the loan.

WikiHow

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

The concept of permissible delay period in settling the payment is widespread in business.

Journal of Industrial Engineering International

If an In-App Product is purchased using a credit card or bank account deduction mechanism, final payment will be deemed to have occurred when the applicable credit card company or bank has fully settled the payment for the applicable purchase.

TechCrunch

Writing ensued, and when the cast members had settled the payment issue, Castellaneta and Lacusta presented the script to show runner Al Jean, who put the script into production.

Wikipedia

Each settlement agreement will vary but usually the documents include clauses that deal with: the claims to be settled; the payments you will receive and the relevant tax issues; a confidentially/gagging clause (so you can't bad mouth your employer) and any agreed reference from your employer.

The Guardian

The Council stated that it would deliver on its promise to settle the outstanding payments for 2013, estimated at €11.2 billion.

European Parliament

The payments would settle the lawsuit, which was filed in November 1995.

The New York Times

The hospital wanted to settle the case with a single payment, but my father insisted that it pay for her treatment.

The New Yorker

As an alternative to formal enforcement, the company and the F.C.C. could enter into a consent decree, in which the company would neither admit nor deny the charges, but would agree to make a voluntary payment to settle the issue.

The New York Times - Tech

Expert writing Tips

Best practice

When discussing financial transactions, ensure clarity by specifying the payment method and any relevant deadlines.

Common error

Avoid using "settle the payment" when you mean to "set up the payment". Settle refers to the completion of the payment, whereas set up refers to initiating the payment process.

Linguistic Context

The phrase "settle the payment" functions as a verb phrase where "settle" acts as a transitive verb, taking "the payment" as its direct object. According to Ludwig AI, the phrase is grammatically correct. Examples showcase its use in contexts where completing a financial transaction is discussed.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Wiki

33%

Less common in

Formal & Business

0%

Encyclopedias

0%

Academia

0%

Ludwig's WRAP-UP

In summary, "settle the payment" is a grammatically sound phrase used to indicate the completion of a financial transaction. As highlighted by Ludwig AI, it's correct and applicable in various contexts. While its frequency is rare, the phrase effectively communicates the finality of a payment obligation. It is important to differentiate it from other similar phrases like "set up the payment", which refers to initiating the transaction. The phrase has been found to appear in "News & Media", "Science", and "Wiki" sources.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

settling the payment

Using the gerund form, it describes the action of paying but as a process.

settled the payment

Past tense form indicating the payment has already been completed.

resolving the payment

Implies overcoming an issue or problem associated with the payment.

solving the payment

Suggests there was a problem that has been taken care of with the payment.

settle the amount

Shifts the focus to agreeing upon the sum to be paid, not the act of paying.

settle the compensation

Refers specifically to finalizing the payment of compensation, a more specific context.

regulate the payment

Focuses on controlling or adjusting the payment rather than completing it.

address the payment

Focuses on managing or dealing with the payment process.

tackle the payment

Implies addressing or dealing with a challenging payment situation.

establishing the payment

Emphasizes setting up or creating the payment arrangement, not necessarily completing it.

FAQs

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

You can use "settle the payment" to describe the act of finalizing a transaction. For example, "Please "settle the payment" before leaving the store."

What's a more formal way to say "settle the payment"?

A more formal alternative could be "remit the payment" or "discharge the obligation". These phrases are suitable for professional or official contexts.

Is "settle the payment" the same as "make the payment"?

While similar, "settle the payment" often implies a finality or resolution, whereas "make the payment" is a more general term for initiating a payment.

When is it appropriate to use "settle the payment" instead of "pay"?

"Settle the payment" is best used when emphasizing the conclusive nature of the transaction, such as "settling an account".