pay-as-you-go

English

pay-as-you-go (uncountable)

(economics) A financial policy by which capital projects are financed from current revenue in the operating budget rather than through borrowing.
(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.

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

financial policy

payment method

Chinese:
Mandarin: please add this translation if you can
Finnish: ennalta maksettava, ennakkoon maksettava, valmiiksi maksettava (all adjectives)
French: prépayé (fr)
German: Prepaid-Zahlung f, Guthabenabbuchung f
Spanish: prepago (es) m

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