ultimate payment

USAGE SUMMARY

The phrase "ultimate payment" is correct and usable in written English.
It can be used in contexts related to financial transactions, contracts, or settlements where a final payment is being discussed. Example: "Upon completion of the project, the contractor will receive the ultimate payment as stipulated in the agreement."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

"The phone is the ultimate payment platform," Mr. Magdon-Ismail said.

The New York Times

As they point out, even a dollar bill is an American liability, a promise of ultimate payment by the US Treasury.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

Because the fees earned by the outside negotiators are related to the ultimate payments, most of the negotiation companies focus only on claims for substantially more than $2,000.

The New York Times - Tech

It is common for kidnappers in Afghanistan to negotiate a piece of the ultimate ransom payments or accept cash for handing over a high-value snatch.

Vice

Every day of inaction results in fewer plans that can be rescued by these common sense solutions and lower ultimate benefit payments for participants.

Huffington Post

One reaction was that Spotify pays labels, not artists which is a little too cute because that just makes the ultimate artist payments even more obscene after the label share is deducted.

Huffington Post

Figure  2 categorizes hospitals into deciles by the ultimate accumulated Medicare payment impact per DCEQ between 1996 and 2009 and graphs the cumulative Medicare payment impact through each year (i.e., the sum of our six instruments).

Health Services Research

Because the bondholders and the banks, the ultimate beneficiaries of homeowner payments, will be better off if mortgages are modified correctly and foreclosures stopped.

The New York Times

It was unclear how the receipts would form a defense strategy for Kim, or what the ultimate motivation of the payments were.

The New York Times - Sports

For a complete list of government programs that can allow you to reduce your student loan payment, see "The Ultimate Guide to Dealing With Student Loans You Can't Afford".

Huffington Post

But beyond that, the company said that the reason for the payments and their ultimate beneficiaries remained a mystery.

The New York Times

Expert writing Tips

Best practice

When referring to the last payment in a series or contract, use "ultimate payment" to clearly indicate that no further payments are expected. For example, in legal or financial contexts where precision is key.

Common error

Avoid using "ultimate payment" interchangeably with terms like "installment" or "partial payment". "Ultimate payment" signifies the final disbursement that completes a financial obligation, unlike the others.

Linguistic Context

The phrase "ultimate payment" functions as a noun phrase, where "ultimate" acts as an adjective modifying the noun "payment". It specifies the final or concluding nature of the payment. Ludwig AI confirms its grammatical correctness and appropriate usage.

Expression frequency: Rare

Frequent in

News & Media

50%

Science

50%

Formal & Business

0%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, the phrase "ultimate payment" denotes the final payment in a series or agreement. Ludwig AI confirms it is grammatically sound, although relatively rare in usage. It typically appears in News & Media and Science contexts, serving to emphasize the conclusive nature of a financial transaction. Consider alternatives like "final payment" or "concluding payment" based on the specific nuances you want to convey. Using "ultimate payment" appropriately ensures clarity when discussing the termination of financial obligations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

final payment

Replaces "ultimate" with "final", emphasizing the concluding nature of the payment.

concluding payment

Directly states that the payment is the one that concludes the financial obligation.

final settlement

Combines the idea of finality and settlement, highlighting the conclusive nature.

terminal payment

Uses "terminal" to highlight the end-stage aspect of the payment.

end payment

A shortened version using "end" to indicate the concluding nature of the payment.

closing payment

Emphasizes the payment that closes a transaction or account.

total payment

Focuses on the complete amount paid at the end.

definitive payment

Stresses the conclusive and unquestionable nature of the payment.

full settlement

Shifts focus to the act of settling an account completely.

culminating payment

Uses "culminating" to suggest the payment is the result or climax of a series of events.

FAQs

What does "ultimate payment" mean in a financial context?

In financial terms, the phrase "ultimate payment" refers to the final payment made to completely satisfy a debt, obligation, or contract. It signifies the end of all payment responsibilities.

When is it appropriate to use the term "ultimate payment"?

The term "ultimate payment" is appropriate when you want to emphasize that a particular payment is the last one required to fulfill an agreement or obligation. It's commonly used in contracts, loans, and settlements.

Are there synonyms for "ultimate payment" that I can use?

Yes, you can use synonyms such as "final payment", "terminal payment", or "concluding payment". The choice depends on the specific nuance you want to convey.

How does "ultimate payment" differ from "initial payment"?

The "ultimate payment" is the last payment, signifying the completion of a financial obligation. In contrast, an "initial payment" is the first payment made, typically at the start of a transaction or agreement.