settled the payment

USAGE SUMMARY

The phrase "settled the payment" is correct and usable in written English.
It can be used when indicating that a payment has been completed or resolved. Example: "After reviewing the invoice, we settled the payment promptly to ensure there were no delays."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

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

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

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

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

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

Settle the payment terms of the loan.

WikiHow

Glenn Engelmann, AstraZeneca's U.S. general counsel, released a statement saying the company denies the allegations but settled the investigation with the payment.

The New York Times

In 2011 Formation announced they had settled the case, with the payment by Gestifute, net of legal costs, of €205,000 (£163,000).

The Guardian - Sport

Personal insult, injury, or homicide were usually settled through the payment of blood money.

Encyclopedia Britannica

In some cases, the infractions, which have varied in severity, have been settled with the payment of a fine.

The New York Times

Expert writing Tips

Best practice

When discussing financial transactions, be specific about the method of payment (e.g., "settled the payment via credit card", "settled the payment with a bank transfer") to provide a clearer understanding of the process.

Common error

Avoid using "settle the payment" when you mean to "set up the payment". "Settle" means to resolve or complete, whereas "set up" refers to initiating or arranging a payment.

Linguistic Context

The phrase "settled the payment" functions as a declarative statement indicating that a payment has been finalized and any outstanding obligations have been resolved. Ludwig AI confirms the usability of this phrase, and it is used to convey the completion of a financial transaction.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Science

25%

Formal & Business

25%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "settled the payment" is a grammatically correct and usable expression signifying the completion of a payment. Ludwig AI confirms its validity. While not overly common, its usage spans diverse contexts, including news, science, and formal business settings. Alternative phrasing includes "completed the payment" and "finalized the payment". It's important to differentiate between "settle the payment", meaning to resolve or finalize, and "set up the payment", which means to initiate a payment arrangement. As evidenced by Ludwig's examples, the phrase is suitable for professional and neutral communications, emphasizing the resolution of financial obligations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

completed the payment

This alternative simply indicates the action of finishing the payment process.

finalized the payment

This phrase emphasizes the concluding aspect of the payment.

cleared the payment

This suggests that the payment has been processed and confirmed.

discharged the payment

This alternative is a more formal way of saying the payment obligation was fulfilled.

resolved the payment

This emphasizes that any issues related to the payment have been taken care of.

paid off the debt

This specifically refers to eliminating a debt through payment.

satisfied the invoice

This focuses on fulfilling the requirements of an invoice through payment.

honored the payment

This implies a commitment to fulfilling the payment obligation.

liquidated the balance

This refers to converting assets into cash to cover the payment.

made the remittance

This is a more technical term for making a payment, often used in international contexts.

FAQs

What does it mean to say someone "settled the payment"?

Saying someone "settled the payment" means they completed the payment, resolving any outstanding balance or obligation. It implies the payment has been fully processed and the transaction is finalized.

What can I say instead of "settled the payment"?

You can use alternatives like "completed the payment", "finalized the payment", or "cleared the payment" depending on the context.

Is it better to say "settled the payment" or "made the payment"?

Both phrases are correct, but "settled the payment" often implies a resolution or completion of a transaction, potentially after some negotiation or issue. "Made the payment" is a more general term for initiating a payment.

What's the difference between "settled the payment" and "paid the payment"?

"Settled the payment" is the correct phrasing. "Paid the payment" is redundant because "paid" is already implied in the concept of a payment. Using "settled the payment" is grammatically sound and more precise.