pay-as-you-go
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English[edit]
Noun[edit]
pay-as-you-go (uncountable)
- (economics) A financial policy by which capital projects are financed from current revenue in the operating budget rather than through borrowing.
- (Britain) 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.
- 2020 January 2, “First official Transport for London trains operate to Reading”, in Rail, page 10:
- From January 2, passengers will be able to use contactless pay-as-you-go between London and Reading.
Synonyms[edit]
Antonyms[edit]
- (payment method): contract (mobile phones), season ticket / paper ticket (transport ticketing)
- (mobile phone): contract
Translations[edit]
financial policy
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payment method
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References[edit]
- pay-as-you-go at OneLook Dictionary Search