Pay as you go

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Revision as of 10:33, 9 November 2018 by imported>Doug Williamson (Typo correction. Numbering of 3rd definition.)
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(PAYG).

1.

Pensions.

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


2.

Australia.

The Australian equivalent of the UK PAYE system.


3.

Any other arrangement in which payments are made from time to time.


See also