/peɪ/ paid | paid. B2. If something you have done pays off, it is successful: All her hard work paid off in the end, and she finally passed the final exam.
Hence, What does pay somebody off mean?
to give someone money, often illegally, after the person has done something dishonest to help you: He paid off the inspectors with bribes of $500.
Consequently, What is paid up mean? Definition of be paid up
: having given all of the money that one owes on a debt until a specific date. You’re (all) paid up through June.
What is the meaning of paid off for car? Once you pay off your car loan, you own the vehicle outright, and the lienholder can be removed from the vehicle’s title. Many states are title-holding, meaning the lender holds onto the title until the loan has been repaid.
In addition, What does pie off mean? Definition: Being ditched, dumped or abandoned (akin to getting a cream pie to the face). As in: “She totally pied him off.
What is verb of paid?
pay 1. / (peɪ) / verb pays, paying or paid. to discharge (a debt, obligation, etc) by giving or doing somethinghe paid his creditors. (when intr, often foll by for) to give (money) to (a person) in return for goods or servicesthey pay their workers well; they pay by the hour.
What kind of word is pay?
Pay can be a verb or a noun – Word Type.
Will be paid out meaning?
transitive to spend or pay money, especially a lot of money.
What is paid-up contract?
A paid-up policy is one that requires no further premium payments and continues to provide benefits till maturity. 2. A policy can be converted to a paid-up policy once it acquires a surrender value which is typically after 2-3 annual premiums are paid for traditional plans.
What is paid-up life?
A paid-up life insurance is a life insurance policy that is paid in full, remains in force, and you don’t have to pay any more premiums. It stays in-force until the insured’s death or if you terminate the policy. Paid-up life insurance is only an option for certain whole life insurance policies.
Is it better to keep a paid off car?
Paying off your loan sooner means it will eventually free up your monthly cash for other expenses when the loan is paid off. It also lowers your car insurance payments, so you can use the savings to stash away for a rainy day, pay off other debt or invest.
Can I pay off my car loan early?
Some lenders charge a penalty for paying off a car loan early. The lender makes money from the interest you pay on your loan each month. Repaying a loan early usually means you won’t pay any more interest, but there could be an early prepayment fee.
What happens once you pay off your house?
Once your mortgage is paid off, you’ll receive a number of documents from your lender that show your loan has been paid in full and that the bank no longer has a lien on your house. These papers are often called a mortgage release or mortgage satisfaction.
What is a melt British slang?
An insult describing a person who has fallen for someone and gone soft. Example: “I can’t believe how much I fancy him, I’m acting like such a melt” 2. A wimp, a loser. Example: “Jonny is literally a tuna melt.”
What does mugged me off mean?
Meaning of mug sb off in English
to make someone appear stupid, especially by deceiving them or treating them badly in a relationship: Rebecca slammed Luke for mugging her off. I feel like I’ve been mugged off. Disloyalty, betrayal & treason.
What does muggy mean in British slang?
The phrase ‘muggy’ is often used if someone is playing you, or taking you for a fool or a mug. This term is a variation on the phrase ‘mugged off’, most commonly used around London, which describes when somebody is being openly disrespectful to another person.
What does this mean paid?
Paid means to do with the money a worker receives from his or her employer. You can say, for example, that someone is well paid when they receive a lot of money for the work that they do.
Did you get paid Meaning?
to get paid: to receive money for work completed, to receive wages.
Has paid or had paid?
The term “had paid” is past perfect tense and “have paid” is present perfect. 🙂
What does it mean to get paid?
to get paid: to receive money for work completed, to receive wages.
What is the plural of pay?
pay (countable and uncountable, plural pays) Money given in return for work; salary or wages.
What is paid in and paid out?
A Pay In is when cash is added to the cash drawer without a sale being made. A Pay Out is when cash is taken from the cash drawer without a sale being made.
What means cash out?
Definition of cash out
transitive verb. : to convert (noncash assets) to cash cash out stocks. intransitive verb. : to convert noncash assets to cash.
Which is better paid up or surrender?
Paid-up v/s Surrender
Paid-up is better in the sense that the life cover continues even after premium payment has stopped. If you go out to buy another policy at an advanced age, the premium amount will be higher as compared to what you were paying in the earlier plan.
What is paid up addition?
Key Takeaways. Paid-up additional insurance is additional whole life insurance coverage that a policyholder purchases using the policy’s dividends instead of premiums. Paid-up additions themselves then earn dividends, and the value continues to compound indefinitely over time.
What happens to a paid up policy?
If a life insurance policy is in a paid-up state, it means that though the premium payments have stopped, the plan remains active. The other benefit is that you or your family can still expect to receive the sum assured at the time of maturity or if you don’t outlive the policy term.