DEFINITION of 'Paid-Up'. The state of a settlement when all payment obligations for a security have been completed in a customer account.When an individual has paid up, he or she has paid for the security in full.REAKING DOWN 'Paid-Up'. For example, when an investor buys stock, he/she is given three days to pay (known as the three-day settlement period).
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The word tempo came into English by way of Italian, tracing all the way back to the Latin word tempus, meaning time. It was originally used to describe the timing of music, or the speed at which a piece of music is played. For example, a soothing song would be described as a slow tempo song. Tempo is still used in this way to describe music, but youâll also hear it used to refer to pace or speed in general, as in â the increased tempo at the end of a close basketball game or the slow tempo of action in a novel..