Definition of payout noun from the Oxford Advanced Learner's Dictionary

 

payout

 noun
noun
BrE BrE//ˈpeɪaʊt//
 
; NAmE NAmE//ˈpeɪaʊt//
 
 
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a large amount of money that is given to somebody an insurance payout a lottery payout
See the Oxford Advanced American Dictionary entry: payout