Exchange Currency

pay as you go basis

The process of paying down a debt as it is incurred. With this type of payment method, an individual does not accumulate any long-term debt. Any monthly bill that does not accumulate can be considered as pay as you go.

Related information about pay as you go basis:
  1. Pay-as-you-go basis - Financial Dictionary - The Free Dictionary
    A method of paying income tax in which the employer deducts a portion of an employee's monthly salary to remit to the IRS. Want to thank TFD for its existence ?
     
  2. What is pay as you go basis? definition and meaning
    Definition of pay as you go basis: The process of paying down a debt as it is incurred. With this type of payment method, an individual does not accumulate any ...
     
  3. pay-as-you-go - Dictionary, translation, definition - Reverso
    Pensions are paid by the state on a pay-as-you-go basis. English Collins Dictionary - English synonyms & Thesaurus. Collaborative Dictionary English Cobuild ...
     
  4. Pay-As-You-Go Basis: Definition from Answers.com
    income tax payment option, whereby an employer deducts and remits to the Internal Revenue Service a portion of an employees monthly salary.
     
  5. What does Pay-as-you-go basis mean
    Yahoo Small Business Dictionary defines and explains key small business concepts, including Pay-as-you-go basis.
     
  6. The Madison Institute - Pay As You Go Social Security
    The plan described here is funded entirely on a pay-as-you-go basis, to take full advantage of the inherent merits of this funding method. In fairness to future ...
     
  7. Global Data
    If you don't have a plan or package that includes a global allowance, your usage will be charged on a pay as you go basis. We may send you text alerts when ...
     
  8. Social Security, by Carolyn L. Weaver: The Concise Encyclopedia of ...
    For most of its history Social Security has been financed on a pay-as-you-go basis. With pay-as-you-go financing, benefits to retirees and other beneficiaries are ...