Definition, Meaning & Synonyms
payout
noun
/ˈpeɪ.aʊt/
Definition
A payout is the amount of money that is paid out, especially as a return on an investment or in compensation for an injury or loss.
Examples
- After winning the lottery, her payout was substantial.
- The insurance company processed a quick payout for the damages.
- Investors were pleased with the dividend payout this quarter.
Meaning
Payout refers to the distribution of money or benefits to individuals or entities, typically following an event such as an insurance claim, gambling win, or reimbursement.
Synonyms
- disbursement
- payment
- return
- remuneration