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payment situation vs payment status

Both 'payment situation' and 'payment status' are correct phrases, but they are used in different contexts. 'Payment situation' refers to the overall circumstances or conditions related to a payment, such as delays, issues, or methods. On the other hand, 'payment status' specifically indicates the current condition or state of a payment, such as pending, completed, or failed.

Last updated: March 29, 2024 • 1601 views

payment situation

This phrase is correct and commonly used in English.

It refers to the general circumstances or conditions related to a payment, such as delays, issues, or methods.

Examples:

  • I need to check the payment situation before proceeding with the order.
  • The company is facing a difficult payment situation due to cash flow problems.
  • It's about this payment situation.
  • The Commission will do everything in its power not only to guarantee the appropriate transposition of this directive into national law during the next two years but also to reassess the late payment situation in the future in view of the actual application of the directive.
  • - the recipient country's balance-of-payments situation,
  • The proposal aims at making available a long-term loan facility of up to EUR 110 million with a view to ensuring a sustainable balance-of-payments situation and to strengthening the country's reserve position.
  • These opportunities (for instance, e-commerce) could give the tertiary sector a boost and thereby improve the generally poor balance of payments situation of candidate countries.
  • Council Decision 2002/882/EC of 5 November 2002 providing further macro-financial assistance to the Federal Republic of Yugoslavia [3] aims at ensuring a sustainable balance of payments situation and strengthening the country's reserve position.
  • On 5 March 2014, in view of the drastically worsening balance-of-payments situation in Ukraine, the Commission announced a support package, which included the proposed Union's macro-financial assistance.
  • France Télécom was not in a cessation of payments situation; there were merely signs of a possible liquidity requirement by the first half of 2003 should the expected market recovery not occur.
  • (b) the economic policy conditions attaching to the medium-term financial assistance with a view to re-establishing or ensuring a sustainable balance of payments situation;
  • Meanwhile, as has also been pointed out, the balance of payments situation in Slovakia has improved markedly, so that the Slovak Government has declared it is no longer interested in continuing the programme agreed with the IMF.
  • Whereas the Hellenic Republic and Ireland are faced, albeit to differing degrees, with difficult balance-of-payments situations and high levels of external indebtedness;
  • In the light of a better-than-expected balance of payments situation, the Albanian authorities did not request the release of this assistance; therefore, the Commission deprogrammed it in 2001.
  • On 7 July 2010, the European Parliament and the Council decided to make available to Ukraine a long-term loan facility of a maximum principal amount of EUR 500000000 with a maximum maturity of 15 years, with a view to ensuring a sustainable balance-of-payments situation.
  • whereas it is nonetheless important to evaluate the outstanding payments situation before 30 September 2002 and, if necessary, the Commission will have to submit the appropriate adjustments either under the omnibus transfer procedure or by means of a supplementary budget,
  • Such consultations shall assess the balance of payments situation of the concerned Pacific State or the EC Party and the restrictions adopted or maintained under this Article, taking into account, inter alia, such factors as:
  • The aim was to eliminate double taxation of these payments and avoid situations where cross-border companies might be penalised by discriminatory tax regimes.
  • Ukraine is facing a very weak and rapidly worsening balance-of-payments and fiscal situation, with the economy moving into recession again.
  • Article 3(8) of Regulation (EC) No 320/2006 provides for the granting of retroactive payments in certain situations.
  • This does not preclude termination payments in situations of early termination of the contract, due to changes in the strategy of the company or in merger and/or takeover situations.
  • The purpose of the mid-term review reform is to promote competitiveness while securing the income of farmers in a situation where payments would no longer be coupled to production.

Alternatives:

  • financial situation
  • payment circumstances
  • payment conditions
  • payment environment
  • payment context

payment status

This phrase is correct and commonly used in English.

It specifically indicates the current condition or state of a payment, such as pending, completed, or failed.

Examples:

  • Please update me on the payment status of the invoice.
  • The payment status shows as 'processing' in the system.
  • adverse changes in the payment status of borrowers in the group (e.g. an increased number of delayed payments or an increased number of credit card borrowers who have reached their credit limit and are paying the minimum monthly amount); or
  • Ensuring modern infrastructure for education and improving the professional training, payment and status of teaching staff are prerequisites for quality education.
  • This consideration leads us to propose a number of amendments relating to the status of payment institutions and the controls exercised over them, inter alia in order to secure consumer and user confidence.
  • ESMA's Accounting Officer shall report on a regular basis to the Authorising Officer of DG MARKT on the amounts of fines and periodic penalty payments imposed and their status.
  • The Committee agrees that the Member States and the Commission should pay more attention to initial and continuing training and to the status and payment of adult learning staff (point 3.2 of the action plan).
  • 6.1 STATUS QUO REGARDING BANKS AND PAYMENT INSTITUTIONS A considerable share of payments are exchanged not via infrastructures, but bilaterally.
  • Loan status (i.e. current, non-payment etc.).
  • The ECB also welcomes Article 11 which gives it observer status in the Balance of Payments Committee.
  • The Eurosystem organised two meetings with market participants to discuss the status of initiatives related to electronic SEPA payment solutions and will continue to monitor work in this area.
  • Okay, Mike, I can back-date some C.I.A. payment invoices and fudge some operation status reports.
  • In default of the lodging of a statement of opposition the order for payment should have the same status as a final judgment handed down in ordinary civil proceedings.
  • Furthermore, access to payment accounts with basic features should be ensured by Member States irrespective of the consumers' financial circumstances, such as their employment status, level of income, credit history or personal bankruptcy.
  • On 3 September 2010 the Governing Council authorised the publication of an assessment report on the implementation status of the Eurosystem's business continuity oversight expectations for systemically important payment systems.
  • The Combus judgment (which has never been appealed) showed that direct payments to employees in return for renouncement of the civil servant status involves no aid to the company [121].
  • In addition, in Combus, the payment was made to the employees in compensation for giving up their privileged status when transferring to the new company.
  • currency legislation, the status of the euro and means of payment;
  • This payment is in exchange of the transfer of pension responsibility vis-à-vis the CTT employees that have civil servant status.
  • The Commission may be aware that there have been legal difficulties in some Member States regarding farm rental assessments due to uncertainty related to the status of the single farm payment.
  • The real question is whether European research infrastructure should be given the status of international organisations, as defined in the VAT Directive and, as such, be exempt from the VAT payment.
  • The amendments proposed by your rapporteur aim to reinforce in a proportionate fashion the status and control of payments institutions and are intended to provide consumers and users with the security they are entitled to expect from a payment system.

Alternatives:

  • payment state
  • payment condition
  • payment progress
  • payment update
  • payment report

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