noun \ˈpā-ˌf\

: a good result : the advantage or benefit that is gained from doing something

: something valuable (such as money) that you give to someone for doing something and especially for doing something illegal or dishonest

: money that a company gives to a worker who is being forced to leave a job

Full Definition of PAYOFF

a :  profit, reward
b :  retribution
:  the act or occasion of receiving money or material gain especially as compensation or as a bribe
:  the climax of an incident or enterprise; specifically :  the denouement of a narrative
:  a decisive fact or factor resolving a situation or bringing about a definitive conclusion

Examples of PAYOFF

  1. You'll have to work hard but there'll be a big payoff in the end.
  2. We expected more of a payoff for all our hard work.
  3. We made a lot of sacrifices with little payoff.
  4. Several city officials have been accused of receiving payoffs from the company.
  5. He lost his factory job but received a payoff and a pension.

First Known Use of PAYOFF


Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer



Definition of PAYOFF

:  yielding results in the final test :  decisive

First Known Use of PAYOFF



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