payout

noun

pay·​out ˈpā-ˌau̇t How to pronounce payout (audio)
: the act of paying out : payoff

Examples of payout in a Sentence

Recent Examples on the Web The city claims Vanessa Hickman voluntarily resigned in January 2023 and therefore wasn’t entitled to a full payout when leaving to work for Arizona Attorney General Kris Mayes’ office. Shawn Raymundo, The Arizona Republic, 3 Apr. 2024 What is the Mega Millions payout on matching 2 lottery numbers? Keisha Rowe, The Courier-Journal, 3 Apr. 2024 Buying multiple tickets at once does fractionally increase a player's odds, but that strategy also requires spending more upfront while running the risk of having to split the payout with another winner, Harvard University statistician Mark Glickman told CBS News. Khristopher J. Brooks, CBS News, 1 Apr. 2024 Related Stories At least McDaniel is getting a payout. Kim Masters, The Hollywood Reporter, 27 Mar. 2024 In reality, more people are likely to get a windfall from an inheritance, insurance payout or from winning a lawsuit. Michelle Singletary, Washington Post, 27 Mar. 2024 All retail employees were asked to keep working until Sunday, the sources said, on their regular pay scale, with no offer of severance or PTO payouts. Jasmine Li, Fortune, 26 Mar. 2024 The size of the payout from the insurer is likely to be significant and will depend on factors including the value of the bridge, the scale of loss of life compensation owed to families of people who died, the damage to the vessel and disruption to the port. Jenny Gross, New York Times, 26 Mar. 2024 According to City Controller Kenneth Mejia’s tracking of payouts, from fiscal year 2020 to 2023, the city covered more than $125 million in claims against the LAPD. Richard Winton, Los Angeles Times, 20 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'payout.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1943, in the meaning defined above

Time Traveler
The first known use of payout was in 1943

Dictionary Entries Near payout

Cite this Entry

“Payout.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payout. Accessed 16 Apr. 2024.

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