pay out

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pay out

The company will pay out the annual bonus to all employees next week.

Definition

Verb: - To disburse or distribute money from a fund, reserve, or source of money. - To hand over a sum of money, especially a large amount or as part of a contractual obligation.

Usage

This verb is typically used with an object (the money) and often specifies the source or purpose of the payment. It implies a deliberate, often significant, financial transaction.

Examples
  • Verb:
    • The insurance company will pay out a large sum to the policyholder.
    • The trust fund pays out dividends to its investors every quarter.
    • We had to pay out a lot of money for the car repairs.
Advanced Usage
  • "to pay out on a claim/policy": To provide the money due from an insurance agreement.
    • The insurer refused to pay out on the claim because the damage was not covered.
  • "to pay out a rope/line": (Specialized Nautical/Technical Use) To gradually release or let out a length of rope, cable, or chain.
    • The sailor slowly paid out the anchor line.
Variants and Related Words
  • Payout (n): The act of paying out money; the sum of money paid out.
    • The lottery winner received a large payout.
  • Payee (n): A person to whom money is paid or is to be paid.
  • Disburse (v): A more formal synonym meaning to pay out money from a fund.
Synonyms
  • Disburse
  • Distribute
  • Expend
  • Fork out (informal)
Related Phrasal Verbs
  • Pay off: To pay the full amount owed on a debt; to yield a positive result.
    • We finally paid off the mortgage.
  • Pay up: To pay money that is owed, especially reluctantly or after a delay.
    • He was forced to pay up for the damages.
Related Idioms
  • Pay through the nose: To pay an excessively high price for something.
    • We paid through the nose for those concert tickets.
  • Pay your dues: To earn rights or a position through hard work or experience over time.
    • She paid her dues working long hours before becoming a manager.
pay out

The company will pay out the annual bonus to all employees next week.

Verb
  1. expend, as from a fund

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