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pay-as-you-go

[pey-uh z-yoo-goh]
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noun
  1. the principle or practice of paying for goods and services at the time of purchase, rather than relying on credit.
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adjective
  1. of, relating to, or based on such a principle or practice: a pay-as-you-go budget.
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Origin of pay-as-you-go

An Americanism dating back to 1830–40
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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