Definition, Meaning & Synonyms

full-pay

Adjective

/fʊl peɪ/

Definition

The term ‘full-pay’ refers to a situation where an individual or entity pays the complete amount due without any deductions or discounts.

Examples

He was a full-pay member of the gym, allowing him to access all facilities without restrictions.
In the insurance policy, those who choose full-pay will receive the maximum coverage without any annual payment adjustments.

Meaning

Full-pay indicates the total payment made for a service, product, or financial obligation, ensuring that the payer fulfills the entirety of their financial commitment.