stage payment

USAGE SUMMARY

The phrase "stage payment" is correct and usable in written English.
It is typically used in financial or contractual contexts to refer to payments made at specific stages of a project or agreement. Example: "The contractor will receive a stage payment upon completion of each phase of the construction project."

✓ Grammatically correct

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

BAE paid $400,000 down this route in stage payments, Mr Somaiya said, as the radar equipment was delivered.

The Guardian

"In the short term what is required is for the directors to sign off on a renovation contract and thereafter ensure that stage payments are processed, following recommendation of the same by architects already retained by Shireburn," he wrote in an email.

The Guardian

Pessina will eventually collect £3.4bn, with his first-stage payment of £1.4bn in Walgreens shares.

The Guardian - Business

So it's not a one-stage payment process.

TechCrunch

He is making six staged payments over five years, totalling £129m.

The Economist

The initial buyers never paid the full purchase price, just a deposit of up to 20%; the new buyers then take over next-stage payments.

The Guardian - Business

The agreement will see Zygier's family receive four million shekels, or around $1.19m, in staged payments in return for the state of Israel being absolved of responsibility for the death.

The Guardian

Both companies must meet specified technical milestones to pick up what will be staged payments.

BBC

When buying off plan, the typical payment schedule is five staged payments, which are made across the period of construction.

WikiHow

At present, the availability of UK mortgages on Cape Verde property is limited, and loans are only obtainable in Cape Verde on property that is already built – a problem when much of the market is off-plan and staged payments are required.

WikiHow

Following the film, the couple appeared on stage, without payment, at Oxford University, for five sold-out performances of Christopher Marlowe's tragedy Dr Faustus, the proceeds of which were to go to build an Oxford University Theatre Centre.

The Guardian - Film

Expert writing Tips

Best practice

When using "stage payment", clearly define the specific stages and criteria that trigger each payment to avoid ambiguity and disputes.

Common error

Avoid using "stage payment" interchangeably with "milestone payment". "Stage payment" refers to a payment made at a specific point in time or completion of a phase, while "milestone payment" is contingent on achieving a specific, measurable goal or deliverable. Use "milestone payment" when payment is tied to specific achievements.

Linguistic Context

The phrase "stage payment" functions as a noun phrase, typically acting as the subject or object of a sentence. Ludwig AI indicates that it denotes a payment made at a particular phase or step in a process or project.

Expression frequency: Missing

Frequent in

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Less common in

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Ludwig's WRAP-UP

The term "stage payment" is a noun phrase that specifies a type of payment made during a project or agreement. This payment is related to progress or completion of a defined stage. While grammatically correct, Ludwig AI has no specific example sentences for this phrase. Thus, usage is hard to assess, use best practices and writing guidance to make the term more clear in your texts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

milestone payment

Emphasizes payment tied to the achievement of specific milestones, rather than simply a stage in time.

installment payment

Focuses on the division of the total payment into regular installments.

progress payment

Highlights payment made as work progresses, often used in construction or project management.

periodic payment

Stresses the regular, recurring nature of the payment.

phased payment

Similar to stage payment, but can imply more distinct and planned phases.

scheduled payment

Focuses on the planned and agreed-upon timing of the payment.

tiered payment

Implies that payments increase or decrease based on certain criteria.

partial payment

Refers to a payment that covers only a portion of the total amount due at a given time.

graduated payment

Indicates that payments change over time according to a pre-determined schedule.

down payment

Represents an initial payment made at the beginning of a transaction.

FAQs

What does "stage payment" mean?

A "stage payment" is a payment made at a specific point or phase in a project or agreement, often based on the completion of certain stages of work.

How does a "stage payment" differ from a "milestone payment"?

While both involve payments made during a project, a "stage payment" is typically linked to a point in time or process, while a "milestone payment" is specifically tied to the completion of a particular deliverable or achievement.

What are some alternatives to "stage payment"?

Depending on the context, you could use phrases like "installment payment", "progress payment", or "periodic payment".

In what contexts is "stage payment" commonly used?

"Stage payment" is frequently used in construction, software development, and other project-based industries where payments are structured based on the completion of defined phases.