Pay as you go and Penny: Difference between pages

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imported>Doug Williamson
(Expand 2nd definition.)
 
imported>Doug Williamson
(Update 4th definition.)
 
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(PAYG).
1. ''Money - UK.''


1.
One hundredth of a British pound:


''Pensions.''
= GBP 0.01 


A pension arrangement under which benefits are paid out of revenues and no funding is set aside to meet future liabilities.
= £0.01




2.
2. ''Money - dollars - US.''


''Australia - tax.''
Informally, one cent, one hundredth of a dollar:


The Australian equivalent of the UK PAYE tax administration system.
= USD 0.01 


= $0.01


3.


Any other arrangement in which payments are made from time to time.
3.  ''Money.''
 
The smallest unit of a number of other currencies.
 
Often, but not always, one hundredth of the next-largest unit.
 
 
4.  ''Coins.''
 
A physical coin representing this value.
 
Plural, ''pennies.''




== See also ==
== See also ==
* [[Australia]]
* [[Coin]]
* [[Pay as you earn]] (PAYE)
* [[Dollar]]
* [[Unfunded scheme]]
* [[GBP]]
* [[Money]]
* [[Pence]]
* [[Penny stock]]
* [[Pound]]
* [[USD]]
 
[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Liquidity_management]]

Latest revision as of 08:05, 10 February 2022

1. Money - UK.

One hundredth of a British pound:

= GBP 0.01

= £0.01


2. Money - dollars - US.

Informally, one cent, one hundredth of a dollar:

= USD 0.01

= $0.01


3. Money.

The smallest unit of a number of other currencies.

Often, but not always, one hundredth of the next-largest unit.


4. Coins.

A physical coin representing this value.

Plural, pennies.


See also