pay-as-you-go

English

Noun

pay-as-you-go (uncountable)

1. (economics) A financial policy by which capital projects are financed from current revenue in the operating budget rather than through borrowing.
2. (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

• PAYG

Antonyms

• (payment method): contract (mobile phones), season ticket / paper ticket (transport ticketing)
• (mobile phone): contract

Translations

financial policy

• Chinese:

  Mandarin: please add this translation if you can

• Finnish: tulorahoitus (fi)
• French: please add this translation if you can
• German: Umlageverfahren n, Umlagefinanzierung f
• Spanish: please add this translation if you can

payment method

• Chinese:

  Mandarin: please add this translation if you can

• Finnish: ennalta maksettava, ennakkoon maksettava, valmiiksi maksettava (all adjectives)
• French: prépayé (fr)
• German: Prepaid-Zahlung f, Guthabenabbuchung f
• Spanish: prepago (es) m

References

• pay-as-you-go at OneLook Dictionary Search