Meaning of the word "pay up" in English

What does "pay up" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

pay up

US /peɪ ʌp/
UK /peɪ ʌp/
"pay up" picture

Phrasal Verb

1.

to pay all the money that you owe to someone

Example:
It's time to pay up what you owe.
The company was forced to pay up after the lawsuit.
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