define pay out - Search
  1. Dictionary

    pay out
    [pay out]
    definition
    1. pay a large sum of money from funds under one's control:
      "insurers can refuse to pay out" · "I had to pay out $500 to get my car repaired"
      • let out a rope by slackening it:
        "I began paying out the nylon line"
    pay·out
    [ˈpāˌout]
    noun
    pay-out (noun)
    1. a large payment of money, especially as compensation or a dividend:
      "an insurance payout"
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  2. People also ask
    What does it mean to pay out money?to pay money to someone. The utility paid one hundred dollars out to everyone who had been overcharged. They paid out money to every customer. (for someone or something) to disburse or spend money for someone or something. We have already paid too much money out for your education. We paid out too much money.
    idioms.thefreedictionary.com
    What is a payout in life insurance?A payout is a sum of money paid to a policyholder when a claim is accepted . With many life insurance policies the only benefit received is a lump sum payout on death. An immediate annuity begins regularly scheduled payouts within one year of purchase. A payout is a sum of money paid to a policyholder when a claim is accepted.
    When does a insurance policy pay out?When an insurance policy pays out, the person who has the policy receives the money that they are entitled to receive. Many policies pay out only after a period of weeks or months. [VERB PARTICLE] 3. See also payout Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers Collins! Collins! 1. 4.
    What does a payout mean?A payout is a sum of money, especially a large one, that is paid to someone, for example by an insurance company or as a prize . And there's time to win more, with a £10,000 payout still to play for over the next few days. ...long delays in receiving insurance payouts. Collins COBUILD Advanced Learner’s Dictionary.
     
  3. pay (something) out phrasal verb with pay verb uk / peɪ / us / peɪ / paid | paid Add to word list to spend a lot of money on something, or to pay a lot of money to someone: I've just paid out $500 on getting the car fixed.
    dictionary.cambridge.org/dictionary/english/pay-out
    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. verb phrasepay out [pey-out]. to distribute (money, wages, etc.); disburse. to get revenge upon for an injury; requite. to let out (a rope) by slackening.
    www.dictionary.com/browse/payout
    pay out 1. To give (money) out; spend. 2. To let out (a line or rope) by slackening. pay up To give over the full monetary amount demanded.
    www.thefreedictionary.com/pay+out
     
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