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Post-paid for Dummies

adverb


What does Post-paid really mean?

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Post-paid is a term that is commonly used when referring to the nature of a payment agreement. To put it simply, when something is post-paid, it means that you pay for the goods or services after you have received them, as opposed to paying upfront or in advance. It's kind of like when you go to a restaurant and order your favorite meal. Instead of paying for your meal before it arrives at your table, you enjoy your delicious food first, and then pay the bill afterwards. So, post-paid is a payment system where you pay for something after you have already received it.

Now, let's break it down a little more. Imagine you are at a regular store, and you want to buy a toy that you've been saving up for. If you choose to buy the toy on a post-paid basis, it means that the store gives you the toy first, and you take it home with you. And then, in return, the store will send you a bill later on, asking you to pay for the toy. This is a common way of buying things, especially for bigger purchases like a new TV or a fancy smartphone.

In some cases, post-paid can also refer to a monthly payment agreement. For instance, when you sign up for a cell phone plan, you have the option to choose between prepaid and post-paid plans. If you choose a post-paid plan, it means that the phone company will provide you with a monthly bill based on your usage. You use your phone, talk, text, and browse the internet during the month, and then at the end of the month, the phone company sends you a bill for the services you used. Think of it like a subscription fee for your phone services.

So, to sum it all up, post-paid means paying for something after you have received it, instead of paying upfront. It's like enjoying your meal at a restaurant and paying the bill later, or taking home a toy from a store and receiving the payment reminder afterwards. It can also refer to monthly payment agreements, such as cell phone plans, where you pay for the services you used during the month after the fact.

Revised and Fact checked by Steven Jackson on 2023-10-28 15:24:10

Post-paid In a sentece

Learn how to use Post-paid inside a sentece

  • When you use your phone to make a call and you don't need to pay immediately, but you get a bill at the end of the month, that's called post-paid.
  • If you go to a restaurant and order food, and then you pay for it after you finish eating, that's an example of a post-paid meal.
  • When you send a letter and put a stamp on it, you don't pay the postage fee right away, instead the fee is paid by the receiver, that's post-paid mail.
  • Let's say you want to buy a new toy from a store, but instead of paying for it at the counter, you ask the store to bill your parents later, that's a post-paid purchase.
  • If you want to travel by bus, but you only need to pay for the ticket at the end of your journey, that's a post-paid ticket.

Post-paid Synonyms

Words that can be interchanged for the original word in the same context.