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  2. Learn more:
    Pay off means to pay the full amount of a debt or to receive a benefit as a result of hard work or effort, while pay out means to give someone money, especially as compensation or as a result of a bet.
    redkiwiapp.com/en/english-guide/phrasal-verb-pair…
    In the US, these phrases have different meanings. Pay out would not be part of a purchace on installment; pay out is what a company does to distribute funds. Payment - the individual amounts paid toward the total owed. Payoff - the final payment, or the amount that if paid now would be the full amount owed.
    english.stackexchange.com/questions/489287/pay …
     
  3. People also ask
    What is the difference between paid out and paid off?"Paid out" means paying for something. Ten dollars was paid out of the store cash register to pay the milkman. "Paid off" generally means paying the balance of a debt. I just paid off my debt with the butcher. "Paid off" can also mean that a policeman or other official was paid money (bribed) to ignore some violation.
    What is the difference between paying Something and paying off something?The difference between paying something and paying off something is that when you pay off a thing you bought (e.g. a house or car) or some money (e.g. a loan or a debt), you imply that the money has been borrowed to buy the thing; when you pay something, you have received an item or a service but there hasn’t necessarily been some borrowing.
    What is the difference between payout and payoff?Payout vs Payoff - What's the difference? is that payout is an amount of money paid out while payoff is an alternative spelling of lang=en. An amount of money paid out.
    What does payoff mean?yielding results, especially rewarding or decisive results: The payoff play was the long pass into the end zone. verb phrasepay off [pey-awf, of] . to pay (someone) everything that is due that person, especially to do so and discharge from one's employ. to pay (a debt) in full. Informal. to bribe. to retaliate upon or punish; pay back.
     
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