payout

American  

[pey-out] / ˈpeɪˌaʊt /

noun

1. an act or instance of paying, expending, or disbursing.

2. money paid, expended, or disbursed, as a dividend or winning.

   He went to the betting window to collect his payout.

---

verb phrase

1. 1. to distribute (money, wages, etc.); disburse.

   2. to get revenge upon for an injury; requite.

   3. to let out (a rope) by slackening.

Etymology

Origin of payout

First recorded in 1900–05; noun use of verb phrase pay out

Example Sentences

After agreeing to the $4-billion payout in April, county officials opted into a second $828-million settlement in October covering an additional 400 cases.

From Los Angeles Times

Two California senators have asked for an investigation into the state insurance department’s handling of complaints filed by Los Angeles wildfire victims struggling to collect payouts from State Farm.

From Los Angeles Times

The payout reflects the miner’s strong operating results and confidence in its balance sheet, said Jones.

From The Wall Street Journal

The insurance department contends the complaint process has resulted in the reversal of claim denials, increased payouts and agreements in individual cases to test for the toxic residues of wildfire smoke.

From Los Angeles Times

This represents a payout ratio of 40.7%, in line with its dividend policy, it said.

From The Wall Street Journal