American English

Definition of payoff noun from the Oxford Advanced American Dictionary



    , NAmE//ˈpeɪɑf//
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  1. 1a payment of money to someone so that they will not cause you any trouble, or to make them keep a secret synonym bribe The police are accused of receiving secret payoffs from the drug barons.
  2. 2 a payment of money to someone to persuade them to leave their job The company is offering large payoffs to anyone accepting early retirement.
  3. 3an advantage or a reward for something you have done