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Definition of payoff noun from the Oxford Advanced American Dictionary

     

    payoff

     noun
    noun
    NAmE//ˈpeɪɔf//
     
    , NAmE//ˈpeɪɑf//
     
    (informal)
     
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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. 2a 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