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payout

[ pey-out ]
/ ˈpeɪˌaʊt /
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noun

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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“Was” is used for the indicative past tense of “to be,” and “were” is only used for the subjunctive past tense.

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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

Example sentences from the Web for payout

British Dictionary definitions for payout

pay out

verb (adverb)

to distribute (money); disburse
(tr) to release (a rope) gradually, hand over hand
(tr) to retaliate against

noun payout

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

pay out

1

Distribute money, disburse, as in He paid out the full amount. [Mid-1800s]

2

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.
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