pay-as-you-go

noun

Etymology

From pay + as you go (“while one progresses”).

Definitions

  1. A financial policy by which capital projects are financed from current revenue in the…

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

  2. A payment method where the charge of a service is taken automatically, usually in small…

    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.

    • From January 2, passengers will be able to use contactless pay-as-you-go between London and Reading.

The neighborhood

Vish — recursive loop

No curated loop yet for pay-as-you-go. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA