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Word: pay-as-you-go (lookup usage) (lookup stats)


Meaning:

Noun:

  • British a mobile phone on such a tariff
  • British a payment method where credit is purchased in advance, used in small amounts and topped up when required. Used especially of mobile phones and transport ticketing.
  • economics A financial policy by which capital projects are financed from current revenue in the operating budget rather than through borrowing.

Source: Wiktionary | Src Info »