pay-as-you-go

English

Etymology

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

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. (British) 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

• (antonym(s) of “payment method”): contract (mobile phones), season ticket / paper ticket (transport ticketing)
• (antonym(s) of “mobile phone”): contract

Translations

financial policy

Chinese: Mandarin: 量入為出 / 量入为出 (zh) (liàngrùwéichū) 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: 後付費 / 后付费 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”, in OneLook Dictionary Search.