- payout
- payout pay‧out [ˈpeɪ-aʊt] noun [countable]1. FINANCE a large sum of money, given to someone for the work they have done:
• an increase in commission payouts for some top-producing brokers
2. INSURANCE a payment made to someone who has made an insurance claim:• The insurance company's profits fell 13% because of big payouts related to a series of hurricanes.
3. FINANCE a dividend payment (= part of a company's profits for a particular period of time paid to people who own shares in it):• The board voted to cut the payouts in response to current operating results.
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payout UK US (also pay-out) /ˈpeɪaʊt/ noun [C]► a sum of money that is paid to somebody: »The employees shared a $1m payout after bosses declared record sales.
»a lottery payout of 10 million euros
► FINANCE money paid by a company to its shareholders as dividends: »an annual payout
»a dividend payout
► INSURANCE money paid to someone from an insurance agreement: »an insurance payout
average/big/maximum payouts »The court case has opened the door for big payouts to homeowners battling insurance companies over hurricane coverage.
Financial and business terms. 2012.