Pay as you go

Pay as you go,

Definition of Pay as you go:

  1. Pension-fund accounting method in which an employer charges the actually contributed amounts to the firms earnings as they occur, instead of making an advance provision for the estimated contributions.

  2. A system of meeting costs as they arise or paying for a service before it is used.

How to use Pay as you go in a sentence?

  1. A pay-as-you-go phone.

Meaning of Pay as you go & Pay as you go Definition