payout

[pey-out]

noun

1. an act or instance of paying, expending, or disbursing.

2. money paid, expended, or disbursed, as a dividend or winning.

   He went to the betting window to collect his payout.

verb phrase

1. 1. to distribute (money, wages, etc.); disburse.

   2. to get revenge upon for an injury; requite.

   3. to let out (a rope) by slackening.

Word History and Origins

Origin of payout¹

First recorded in 1900–05; noun use of verb phrase pay out

Example Sentences

"Glasgow's SNP-run council rode roughshod over the rules and, as a result, departing officials received eye-watering payouts with little to no oversight," he said.

From BBC

Hundreds of thousands of Australians forced to pay back welfare debts created by an illegal automated system have won the largest payout in the country's history.

From BBC

As she outlined in a statement, in 2020 a trust was set up under the instructions of a court to manage a payout for a medical incident which had left their son with life-long disabilities.

From BBC

Two male police officers who had their authorisation to carry firearms removed after posing for a photograph with singer Tallia Storm have won a combined payout of almost £50,000.

From BBC

Ultra long government loans are especially important for defined benefit pensions systems, which need fixed and predictable payouts over long periods.

From BBC