pay-as-you-go
Word Rarity
Common
Frequency: 5.29 in modern English
19
Scrabble Score
10
Letters
6
Syllables
7
Unique Chars
Meaning
noun
A financial policy by which capital projects are financed from current revenue in the operating budget rather than through borrowing.
Uncountable
noun
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.
British usage; Uncountable
Example Sentences
- "From January 2, passengers will be able to use contactless pay-as-you-go between London and Reading."
Etymology
Usage
- Uncountable
- British usage