timely payment
Dues paid promptly
Timely payment is payment made when it's due or expected—not late.
The phrase appears constantly in contracts, billing statements, and credit agreements: Timely payment of rent is required by the fifth of each month.
Credit scores depend heavily on timely payment history.
The adjective timely means happening at the right time, so timely payment emphasizes meeting deadlines rather than just eventually paying.
- promptIncite to action
- dueOwed or expected
- deadlineTime limit for completion
- net 30Invoice due in month
- invoiceItemized billing statement
pay the bills · bill · receipt · punctual · settlement · remittance · direct deposit · creditor · debtor · overdue · past due · late fee · grace period · accounts · balance · check · wire transfer · installment
- lease termslease term, rental agreement, lease, rental contract, tenancy agreement
- legal obligationstaxes, fines, debt, contract signing, bail
- wage lawsminimum wage, fair wages, FLSA, hourly wage, wage theft
- payment obligationsobligation, installment, due date, deposit, disbursement
- Closing Tasksclosing costs, closing date, deed transfer, document signing, final walkthrough
timely paymentnonpayment
Failure to settle debts
default · payment default · non-payment · failure to pay · stiffing
timely, payment, time, times, timed, timing, timer, timers, untimely