[ pey-out ]
/ ˈpeɪˌaʊt /
an act or instance of paying, expending, or disbursing.
money paid, expended, or disbursed, as a dividend or winning: He went to the betting window to collect his payout.
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Origin of payout
First recorded in 1900–05; noun use of verb phrase pay out
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
British Dictionary definitions for payout
to distribute (money); disburse
(tr) to release (a rope) gradually, hand over hand
(tr) to retaliate against
a sum of money paid out
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Idioms and Phrases with payout
Distribute money, disburse, as in He paid out the full amount. [Mid-1800s]
Let out a rope by slackening, as in She paid out the rope until it was long enough to tie the canoe onto the car. This nautical expression dates from the late 1700s.
The American Heritage® Idioms Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.