Pay-As-You-Go


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Pay-As-You-Go

The practice of a government agency funding new projects with money it has on hand from previous appropriations. That is, pay-as-you-go financing requires a government to save to pay for a project for which it does not receive a specific appropriation. The intent behind pay-as-you-go is to encourage responsible spending by a government. This is related to, but distinct from, paygo rules in the United States.
References in periodicals archive ?
Leading the way was Chile, which in 1981 moved to phase out its pay-as-you-go system and replace it with privately owned individual retirement accounts.
Rabbi trusts"--Putting money into an irrevocable trust protects employees against a refusal to pay--a big advantage over pay-as-you-go programs.
XE Mobile is an emerging leader in the telecom industry offering nationwide pay-as-you-go wireless for the youth and collegiate market.
Pay-as-you-go systems have built-in insurance against inflation and secular capital-market failures.
Schieber: First of all, we ran the system purely as a pay-as-you-go system until the early 1980s, when we passed the '83 amendments.
Pay-as-you-go and subscription computing enabled by Microsoft FlexGo technology is the latest addition to AMD's solution portfolio targeted to support AMD's 50x15 initiative.
NYSE:S), is a lifestyle-based telecommunications brand focused on offering premium Pay-As-You-Go wireless phones and services to the youth market.
Subscription and pay-as-you-go computing are logical extensions of the global corporate and product competencies Phoenix has built over 25 years in the PC industry.
Capital needs for schools and utility infrastructure are significant but should be manageable, given comprehensive debt management practices, the self-supporting nature of the utility enterprise, and the increasing use of pay-as-you-go funding in lieu of new debt.
The exclusive pay-as-you-go service provides under a second digital walkie-talkie connections between the United States, Canada, Mexico, Brazil, Argentina and Peru.
However, reductions in state aid, a slowing of various tax receipts, and increasing capital needs required the county to develop a fiscal 2004 budget that raised the income tax to its maximum level, temporarily diverted pay-as-you-go capital financing to operations, and lowered reserve levels.
Liberty Wireless, a leading independent provider of pay-as-you-go nationwide wireless phone service, today unveiled its newest suite of rate plans -Liberty SHARE- which gives customers up to two lines of service on one pay-as-you-go rate plan.