pay-as-you-go

Speech parts

1. pay-as-you-go - Noun

2. pay-as-you-go - Phrase

Meaning

(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.

Alternative names

pay as you go

Synonyms

Antonyms

Examples

Twenty-five years from now...Computers will be exactly like telephones. They are probably going to be communicating all the time ... I would hope that by the year 2000 there is this big [networking] infrastructure, giving us arbitrary bandwidth on a pay-as-you-go basis. Gordon Bell

The budget enforcement rules of the 1990s were an important part of getting the budget back into balance. It was done on a bipartisan basis. Those pay-as-you-go rules were tested and they worked. We are now in a one-party system, and we have thrown them out. Melissa Bean

The American people expect more from Congress. They expect fiscal responsibility and common sense. They expect us to return to the pay-as-you-go budget rules that we had enacted in the past that helped us establish a surplus, however briefly. Melissa Bean

Under the current pay-as-you-go Social Security system, not one person is actually guaranteed benefits. Ginny Brown-Waite

All plans must be funded in some way, even if they are pay-as-you-go, so this type of plan is more accurately known as pre-funded. Source: Internet

Alternatively, mobile and IoT applications are characterized with unpredictable consumption models that make the on-demand, pay-as-you-go cloud model the best deployment target for these applications. Source: Internet

Words in the phrase

Close letter words and terms