Noun: payoff 'pey,óf
- The final payment of a debt
"After making the payoff, they officially owned their home";
- final payment
- A recompense for worthy acts or retribution for wrongdoing
"the payoff of sin is death";
- wages, reward
- Payment made to a person in a position of trust to corrupt their judgment
"The official was caught accepting a payoff to approve the building permit";
- bribe, kickback [informal], bung [Brit, informal], backhander [Brit, informal]
- The income or profit arising from such transactions as the sale of land or other property
"the average payoff was about 5%";
- return, issue, take, takings, proceeds, yield
- Settle or discharge (a debt, loan, or financial obligation) completely
"The company paid off its outstanding debts";
- redeem, liquidate
- Yield a profit or result
"His efforts finally paid off"
- Give something in return to make up for loss, effort, or inconvenience
"He paid off his debts";
- pay, make up, compensate
- Pay someone with influence in order to receive a favour
"The corporation attempted to pay off the regulators";
- buy off
- Take vengeance on or get even
"He finally paid off his old rival";
- pay back, get, fix [informal]
Derived forms: payoffs, paid off, pays off, paying off
See also: pay
Type of: aftermath, ante up, bear, bribe, buy, consequence, corrupt, even up, get back, get even, grease the palm of, income, pay, pay up, payment, settle, yield
Encyclopedia: Payoff