PAYD


Also found in: Wikipedia.
AcronymDefinition
PAYDPay As You Drive
PAYDPay As You Dine (UK armed forces)
PAYDPennsylvania Young Democrats
References in periodicals archive ?
In 2010, companies such as Qualcomm introduced a PAYD system, and Renault introduced a similar system for fleets.
According to an InsuranceQuotes.com report, more than half of Americans (51%) would not consider enrolling in a PAYD program, an increase from 37% last year.
to be payd yt agayne when so euer ether I or any for me shall demande yt" (July 28, 1597).
(150) For example, automobile insurance is available on the basis of "Pay-As-You-Drive" (PAYD, based on mileage driven), "Pay-How-You-Drive" (PHYD, based on driving behavior), or "Pay-As-You-Go" (Pay-Go, in which a driver pays for insurance as he or she is driving, rather than paying for insurance in advance).
Ad Payd co " Margaret Lynch, chief executive of Citizens Advice Scotland, said: "Payday loans might seem convenient but they can lead you deep into debt.
All PAYD models essentially are based on the concept that insurers can control risk and consumers can control and minimize their insurance costs if drivers and driving habits could be better monitored, recorded and reported.
Paris, France, January 16, 2013 --(PR.com)-- Scope Technologies, a leading and fast growing global telematics technology provider announced Europe's first in-vehicle OBD (On Board Diagnostic port) based Pay As You Drive (PAYD) program with Amaguiz, a Groupama subsidiary in France dedicated to selling insurance over the internet.
Take, for example, the "telematics" technology ("Pay as you drive" or "PAYD") being gradually adopted by auto insurers: data recorders are installed in cars to monitor patterns of usage.
ABI Research's Vice president and practice director Dominique Bonte commented, "While insurance telematics or usage based insurance (UBI) is far from a recent phenomenon, renewed interest in this market has been observed from both established players and new entrants with uptake accelerating and the very nature of UBI changing dramatically from pay as you drive (PAYD) to pay how you drive (PHYD) based on continuous driver behavior monitoring and analysis' Increasingly, pure UBI is integrated into a wider set of safety and security connected car services.
Another solution is pay-as-you-drive (PAYD) auto insurance pricing that rewards drivers with cheaper premiums if they drive fewer miles, a program CLF Ventures has been offering through its Environmental Insurance Agency for years.
(118) << I Samuel Tilghman of Racliffe Maryner doe acknowledge my selfe indebted unto Edward Packer & Henry Parnel of the Province of Maryland Gentleman the summe of five hundred pownds sterl, to be payd uppon all demands....
A MID Wales company has won a contract to supply vehicle tracking devices to one of Europe's leading online pay-as-you-drive (PAYD) insurers.