paid-up

[ peyd-uhp ]
/ ˈpeɪdˈʌp /

adjective

paid in full, as of the present or of a specified date: a paid-up membership.

Origin of paid-up

First recorded in 1870–75

Words nearby paid-up

Example sentences from the Web for paid-up

British Dictionary definitions for paid-up

paid-up

adjective

having paid the due, full, or required fee to be a member of an organization, club, political party, etc
denoting a security in which all the instalments have been paid; fully paid a paid-up share
denoting all the money that a company has received from its shareholders the paid-up capital
denoting an endowment assurance policy on which the payment of premiums has stopped and the surrender value has been used to purchase a new single-premium policy