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  1. Oxford American Dictionary

    paid-up

    • IPA[ˈpādˈəp]

    美式

    • adj.
      (of a member of an organization, especially a labor union) having paid the necessary dues in full.；denoting the part of the subscribed capital of an undertaking that has actually been paid
    • 釋義

    形容詞

    • 1. (of a member of an organization, especially a labor union) having paid the necessary dues in full.
    • ▪ denoting the part of the subscribed capital of an undertaking that has actually been paid paid-up capital
    • ▪ denoting an endowment policy in which the policyholder has stopped paying premiums, resulting in the surrender value being used to purchase single-premium whole-life insurance.