Pay-as-you-go
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Pay-as-you-go is a noun meaning (economics) A financial policy by which capital projects are financed from current revenue in the operating budget rather than through borrowing.
Meaning
(economics) A financial policy by which capital projects are financed from current revenue in the operating budget rather than through borrowing.
More Meanings
- (British) A payment method where the charge of a service is taken automatically, usually in small amounts, after the usage, in contrast of paying before usage. Used especially of mobile phones and transport ticketing.
Example Sentences
From January 2, passengers will be able to use contactless pay-as-you-go between London and Reading.
Antonyms for pay-as-you-go
Common opposites include contract.
Related Words
Related dictionary entries include distribution, distributive, apportionment, contributory, prepaid, breakdown.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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