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Pay-as-you-go
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Pay as you go or PAYG may refer to: Finance * Pay-as-you-go tax, or pay-as-you-earn tax * Pay-as-you-go pension plan * PAYGO, the practice in the US of financing expenditures with current funds rather than borrowing * PAUG, a structured financial product * Prepayment (other), especially incremental prepayment; in particular ** Prepaid mobile phone Music * Pay As U Go, a UK garage crew See also * PAYE (other) A pay-as-you-earn tax (PAYE), or pay-as-you-go (PAYG) in Australia, is a withholding of taxes on income payments to employees. Amounts withheld are treated as advance payments of income tax due. They are refundable to the extent they exceed tax as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pay-as-you-go Pension Plan
A pay-as-you-go pension plan is a retirement scheme, where as in which a said contributor can choose how much money they would like to be deducted regularly from either their paycheck, or by perhaps a lump sum to their own retirement fund. The funds they choose to provide goes towards a retirement plan which can be then redeemed upon reaching retirement age. With this type of plan, the contributor can decide how much money they see fit to contribute to the fund. With the funds that are contributed, the contributor will be able to devise a plan on what to invest in, which in turn leaves said contributor as the person mainly responsible for how much the pension can grow. Choosing an investment that is more risky can lead to a bigger return on money however, it is also possible to choose a steady and safe investment in order to have a consistent return on money. Upon reaching the age of retirement, the contributor can choose to have their money paid to them in a lump sum, which means t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pay-as-you-go Tax
A pay-as-you-earn tax (PAYE), or pay-as-you-go (PAYG) in Australia, is a withholding of taxes on income payments to employees. Amounts withheld are treated as advance payments of income tax due. They are refundable to the extent they exceed tax as determined on tax returns. PAYE may include withholding the employee portion of insurance contributions or similar social benefit taxes. In most countries, they are determined by employers but subject to government review. PAYE is deducted from each paycheck by the employer and must be remitted promptly to the government. Most countries refer to income tax withholding by other terms, including pay-as-you-go tax. United Kingdom Origins Devised by Sir Paul Chambers, PAYE was introduced into the UK in 1944, following trials in 1940–1941. As with many of the United Kingdom's institutional arrangements, the way in which the state collects income tax through PAYE owes much of its form and structure to the peculiarities of the era in which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prepaid Mobile Phone
A prepaid mobile device, also known as a, pay-as-you-go (PAYG), pay-as-you-talk, pay and go, go-phone, prepay or burner phone, is a mobile device such as a phone for which credit is purchased in advance of service use. The purchased credit is used to pay for telecommunications services at the point the service is accessed or consumed. If there is no credit, then access is denied by the cellular network or Intelligent Network. Users can top up their credit at any time using a variety of payment mechanisms. ("Pay-as-you-go", "PAYG", and similar terms are also used for other non-telecommunications services paid for by advance deposit.) The alternative billing method (and what is commonly referred to as a mobile contract) is the postpaid mobile phone, where a user enters into a long-term contract (lasting 12, 18, or 24 months) or short-term contract (also commonly referred to as a rolling contract or a 30-day contract) and billing arrangement with a mobile phone operator (mobile v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PAYGO
PAYGO (Pay As You GO) is the practice in the United States of financing expenditures with funds that are currently available rather than borrowed. Budgeting The PAYGO compels new spending or tax changes not to add to the federal debt. Not to be confused with pay-as-you-go financing, which is when a government saves up money to fund a specific project. Under the PAYGO rules, a new proposal must either be "budget neutral" or offset with savings derived from existing funds. The goal of this is to require those in control of the budget to engage in the diligence of prioritizing expenses and exercising fiscal restraint. An important example of such a system is the use of PAYGO in both the statutes of the U.S. Government and the rules in the U.S. Congress. First enacted as part of the Budget Enforcement Act of 1990 (which was incorporated as Title XIII of the Omnibus Budget Reconciliation Act of 1990), PAYGO required all increases in direct spending or revenue decreases to be offset by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PAUG
PAUG ("Pay As You Go") refers to application of credit derivatives technology to structured finance products. It works similarly to a credit default swap (CDS) with the reference entity being a structured finance product such as ABS, commercial mortgage-backed security (CMBS), residential mortgage-backed security (RMBS), etc. The trigger events in PAUG can be classified mainly as “credit events” and “floating rate payment events”. PAUG is a settlement methodology for CDS on ABS reference entities. Credit Events in PAUG *Failure to Pay Principal – The Ref Ob fails to make scheduled principal payments. *Writedown – The Ref Ob writes down (decreases) its outstanding principal amount. *Distressed Ratings Downgrade – Distressed Ratings Downgrade is an optional credit event which is triggered when the reference obligation is downgraded to 'Caa2/CCC' or below, or the rating is withdrawn by one or more of the three rating agencies. Floating Rate Payment Events Interest Shor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prepayment (other)
Prepayment may refer to: * Prepaid mobile phone, mobile phone use * Prepayment for service, e.g. phone calls * Prepayment of loan, repaying a loan ahead of schedule * Deferred expense in accounting * Stored-value card A stored-value card (SVC) is a payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution. This means no network access is required by the payment collection terminals as funds ... (see also: Credit card#Prepaid cards) {{dab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pay As U Go
Pay As U Go or Pay As U Go Cartel were a UK garage crew formed in 2000. In 2002, the collective achieved a No. 13 UK hit with " Champagne Dance". After Pay As U Go disbanded, Wiley went on to form the grime crew Roll Deep with fellow Pay As U Go members. Roll Deep would eventually include prominent artists such as Dizzee Rascal, Tinchy Stryder and Skepta. The crew has been credited for paving the way for grime music, alongside So Solid Crew and Heartless Crew. History In 1998, Maxwell D and his friends Carl, DJ Target, and Wiley began performing on London pirate radio station Rinse FM. Together they formed a group called 'The Ladies Hit Squad'. Major Ace, Plague, God's Gift, and DJ Slimzee also hosted their own show on Rinse FM every Sunday. In the summer of 2000, the Pay As You Go phone network was experiencing network errors coincidentally every Sunday coinciding with their show, allowing everyone to call into the radio show for free. After three weeks of this, Plague dubbed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
