surrender of payment

USAGE SUMMARY

The phrase "surrender of payment" is correct and usable in written English.
It can be used in contexts related to financial transactions, agreements, or legal documents where one party relinquishes their right to receive payment. Example: "The contract included a clause for the surrender of payment in case of default."

✓ Grammatically correct

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

The study set up a fake social networking site with terms of service with some sneaky clauses peppered in: that anything the users shared would be passed along to the National Security Agency, and that the users' firstborn children would be surrendered as form of payment.

Science Magazine

Banks have "surrendered" over payment protection insurance, according to a former non-executive director of HBOS who doubted mis-selling had taken place on a scale to justify the £12bn industry-wide compensation bill.

The Guardian - Business

He rejected calls to surrender the payment, and the government is considering legal options.

The New York Times

New kinds of payment plans?

The New Yorker

He rejected calls from the prime minister to surrender the payment, and the government is considering legal options.

The New York Times

Plan for schedule of payment.

Unicef

Get proof of payment.

WikiHow

Unaware of payment terms.

WikiHow

Confirm acceptable methods of payment.

WikiHow

Confirm your method of payment.

WikiHow

Know your method of payment.

WikiHow

Expert writing Tips

Best practice

When using the phrase "surrender of payment", ensure that the context clearly indicates a voluntary relinquishment of a right to payment, as opposed to a forfeiture or inability to pay. Clearly define conditions under which a party agrees to "surrender of payment" in legal or contractual documents to avoid ambiguity.

Common error

Avoid using "surrender of payment" when the situation involves an involuntary loss of payment (e.g., due to bankruptcy) or a temporary pause in payments (e.g., a deferral). Use more appropriate terms like "forfeiture" or "deferral" instead.

Linguistic Context

The phrase "surrender of payment" functions as a noun phrase, describing the act of giving up or relinquishing the right to receive payment. The grammatical correctness of the phrase is validated by Ludwig.

Expression frequency: Missing

Frequent in

Formal & Business

0%

News & Media

0%

Science

0%

Less common in

Wiki

0%

Encyclopedias

0%

Academia

0%

Ludwig's WRAP-UP

In summary, "surrender of payment" is a grammatically sound phrase referring to the voluntary relinquishment of a right to payment. While Ludwig confirms its correctness, real-world examples are scarce, indicating limited or highly specific usage. Alternatives like "waiver of payment" or "forfeiture of payment" may be more common depending on the precise context. The phrase typically appears in professional or legal settings, emphasizing the formal nature of the agreement to forgo payment.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

waiver of payment

Implies a voluntary relinquishment of the right to receive payment.

forfeiture of payment

Suggests a loss of payment due to a breach of contract or other failure to meet obligations.

relinquishment of payment

Indicates a formal giving up of payment rights.

abandonment of payment

Implies a complete and often permanent cessation of payment efforts or rights.

cessation of payment

Refers to the stopping of payments, often in a formal or legal context.

giving up payment

A more informal way to describe relinquishing payment.

disclaimer of payment

Highlights the act of refusing payment, often legally or officially.

release from payment

Signifies being freed from the obligation to pay.

non-payment

Refers to the state or condition of not paying.

deferral of payment

Involves postponing the payment to a later date.

FAQs

What does "surrender of payment" mean in a legal context?

In legal terms, "surrender of payment" typically refers to the voluntary relinquishment of one's right to receive payment, often as part of a settlement or agreement. It implies a conscious decision to forgo the payment.

When might a "surrender of payment" be required?

A "surrender of payment" might be required as part of a debt restructuring agreement, in exchange for other considerations (e.g., release from further liability), or as a condition of a settlement in a legal dispute.

What are some alternatives to "surrender of payment"?

Depending on the context, you can use alternatives like "waiver of payment", "forfeiture of payment", or "relinquishment of payment". The best choice depends on the specific nuance you wish to convey.

How does "surrender of payment" differ from "deferral of payment"?

"Surrender of payment" implies a permanent giving up of the right to receive payment. A "deferral of payment", on the other hand, means the payment is postponed to a later date but is still expected to be made.