interim payments

Meanings

1. 1nounpluralbusinessfinance

   Payments made temporarily before a final amount is decided or before work is finished.

   Grammar: Usually plural; use a singular interim payment for one such payment.

   Patterns

   • make interim payments
   • interim payments to someone
   • interim payments on a contract

   The builder receives interim payments each month based on the work completed.

   The court ordered interim payments to the family while the case continued.

   Interim payments help small companies cover costs before the final bill is settled.

2. 2nounplurallegallaw

   Amounts paid during a legal case before the final judgment or settlement.

   Grammar: Usually plural in legal contexts; often used with order or award.

   Patterns

   • award interim payments
   • seek interim payments

   The judge awarded interim payments to cover medical expenses.

   Her lawyer applied for interim payments until the trial ended.

Word forms

Common combinations

make interim payments

The client agreed to make interim payments every two weeks.

interim payment on account

The contract provides for an interim payment on account.

award interim payments

The court awarded interim payments to the injured worker.

monthly interim payments

Monthly interim payments kept the project moving.

Synonyms and how they differ

progress payments

Common in construction and contracts; they are based on work completed, while interim payments can also be legal or temporary.

advance payments

Paid before work starts; interim payments are made during the work or case.

Opposites

Word family

interim adjective

Temporary or intended to last only until something permanent is arranged.

payment noun

An amount of money paid.

Commonly confused: interim payments or interment?

Practice

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