Definition, Meaning & Synonyms
pay-out
noun
/ˈpeɪ aʊt/
Definition
The amount of money that is paid out or distributed, especially in the context of a financial settlement or a return on investment.
Examples
- The pay-out from the lottery was huge, allowing the winner to retire comfortably.
- The company announced a pay-out to its shareholders after a successful quarter.
- He received a substantial pay-out from his insurance policy after the accident.
Meaning
‘Pay-out’ refers to the process of paying money, often in the context of a financial transaction, such as dividends, gambling winnings, or insurance claims.
Synonyms
- disbursement
- payout
- settlement
- distribution