Definition, Meaning & Synonyms
pay-off
noun
/ˈpeɪ ˌɔf/
Definition
A pay-off refers to the act of giving someone money or a reward, often in exchange for something or as a settlement.
Examples
- After months of hard work, his pay-off was a promotion.
- The pay-off for the investment came after three years.
- She viewed the bonus as a well-deserved pay-off for her dedication.
Meaning
The term pay-off can refer to various contexts, such as getting a return on an investment, a reward for effort, or a resolution to a debt or obligation. It can also have a negative connotation when it involves bribery.
Synonyms
- reward
- settlement
- return
- compensation
- bribe