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pay-as-you-go

[pey-uh z-yoo-goh] /ˈpeɪ əz yʊˈgoʊ/
noun
1.
the principle or practice of paying for goods and services at the time of purchase, rather than relying on credit.
adjective
2.
of, relating to, or based on such a principle or practice:
a pay-as-you-go budget.
Origin
1830-1840
1830-40, Americanism
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for pay-as-you-go
  • Necessarily, a pay-as-you-go policy would limit access to longevity treatments.
  • These intermediate step can be achieved in a pay-as-you-go way.
  • Several other companies, including major telecoms, are trying variants on this pay-as-you-go approach.
  • Buy a local pay-as-you-go phone when traveling to use for local calls.
  • Lessons are taught with a pay-as-you-go option, giving riders the chance to test the waters.
  • If you're in the market for an inexpensive touchscreen phone on pay-as-you-go, there's plenty of choice right now.
  • It advocated a move away from pay-as-you-go financing, under which contributions from workers pay for today's pensions.
  • pay-as-you-go phones, in particular, have the obvious advantage to criminals of being untraceable.
  • It argued that public pay-as-you-go systems were financially unsustainable and should be cranked down.
  • First, governments will have to act much more boldly to reduce the scope of the core pay-as-you-go public pension system.

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