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

Some people in England, Wales and Northern Ireland are entitled to the payout after a prolonged period of below-zero temperatures.

From BBC

Because of skyrocketing liability payouts, which also stem from cases involving employment matters and police use of force and negligence, the city is considering borrowing $80 million to pay off some judgments and settlements.

From Los Angeles Times

The man says the lawyer tried to extort a payout in return for not identifying him as a sexual abuser tied to the hip-hop mogul.

From Los Angeles Times

Consumer group Which? says the legal action - which it has launched - could result in a £3bn payout if it is successful, equivalent to £70 per customer.

From BBC

A decision by judges at the Court of Appeal has blown open an ongoing saga into hidden commission payments, with buyers possibly in line for payouts totalling billions of pounds.

From BBC