pay-as-you-go
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.
Meaning
2 senses(uncountable)A financial policy by which capital projects are financed from current revenue in the operating budget rather than through borrowing.
Umlageverfahren, Umlagefinanzierung
(UK, uncountable)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.
Prepaid-Zahlung, Guthabenabbuchung
Translations
3 languagesBy meaning 2
Origin
From pay + as you go (“while one progresses”).From pay + as you go (“while one progresses”).
Wiktionary, CC BY-SA 4.0 · source
Synonyms
1 synonymsAntonyms
3 antonymsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.