Meaning of the word pony-up in English

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

pony-up

US /ˈpoʊ.ni/
UK /ˈpoʊ.ni/
1.

to pay (a particular amount of money) for something :

Example:
As well as putting up his own cash, he persuaded others to pony up.
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