Definition, Meaning & Synonyms

total-payout

Noun

/ˈtoʊtəl ˈpeɪaʊt/

Definition

The total amount of money that is paid out to someone, typically in a financial transaction, event or agreement.

Examples

The total payout from the lottery was divided among the winning ticket holders.
After the accident, the insurance company’s total payout covered all medical expenses.
Investors were pleased with the total payout from the stock dividends this quarter.

Meaning

Total payout refers to the complete sum of money that is distributed after certain conditions, such as winning a bet, being awarded in a financial settlement, or any other situation where a payment is required.