Paid up

(redirected from paid-up)
Also found in: Dictionary, Thesaurus, Idioms.
Related to paid-up: Paid-Up Insurance, Paid-up policy

Paid up

When all payments that are due have been made.

Paid Up

Somewhat informal; referring to a situation in which a debtor has serviced debt appropriately. For example, when a debtor makes a required monthly debt payment, that portion of debt is said to be paid up.