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PAYD

   Also found in: Wikipedia 0.04 sec.
AcronymDefinition
PAYDPay As You Drive
PAYDPay As You Dine (UK armed forces)
PAYDPennsylvania Young Democrats


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By making insurance payments directly proportional to vehicle miles traveled, PAYD would act like a gas tax in boosting the motivation to reduce driving, especially for high-risk drivers.
Driving up the cost of clean air by Holzman, David C. / Environmental Health Perspectives
Perhaps surprisingly, PAYD insurance also might help insurance companies meet some of their own goals.
Drive-by rates: can pay-as-you-drive insurance attract good risks and ... by Hagerbaumer, Christine / Best's Review
PAYD (payas-you-drive) insurance enables a completely new vehicle insurance model with individual premiums based on driving behaviour.
Car Telematics Solutions and Wireless M2M: Market, Forecasts and ... by Business Wire
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