Pay-up Daniel Guidotti 14 years ago Pay-upWillingness of financial institution or borrower to garner funds even at higher interest rates. Or cash loss incurred from a swap into a bond with higher price.Random Finance Terms for the Letter PPayable on DeathPaybackPaydownPayment DatePayment FloatPayments NettingPayments PatternPayout RatioPay-upPayment-In-Kind (PIK) bondRecommended for you:Payments Netting Payable on Death Payments Pattern Paydown