payoff

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payoff

The farmer enjoyed the payoff from his hard work at harvest time.

Definition

Noun: 1. A payment, especially one that is final or settles a debt: The act of paying a sum of money that completes an obligation. 2. A bribe or illicit payment: A sum of money given secretly and dishonestly to someone, especially to influence their actions or decisions. 3. The return or profit from an investment or venture: The financial gain or benefit received from something. 4. The outcome or result of a process or series of events: The final consequence, especially one that is significant or decisive.

Usage Examples
  • As a final payment:
    • He made the last payoff on his car loan and now owns it outright.
    • The contractor received the final payoff after the project was completed.
  • As a bribe:
    • The official was arrested for accepting a payoff from the construction company.
    • They offered him a cash payoff to ignore the safety violations.
  • As a return or profit:
    • The financial payoff from her years of study was a high-paying job.
    • The project's payoff was much greater than the initial investment.
  • As a significant result:
    • The payoff for all our hard work was a successful product launch.
    • The detective's careful investigation had a big payoff: the arrest of the criminal.
Advanced Usage
  • "The payoff": Often used to refer to the most important or rewarding part of something, especially after effort or suspense.
    • The movie's plot was slow, but the payoff at the end was worth it.
  • "Payoff period": In finance, the time it takes for an investment to recoup its initial cost.
    • The solar panels have a payoff period of about seven years.
Variants and Related Words
  • Pay off (phrasal verb): To settle a debt in full; to yield a profit or a successful result.
    • It took ten years to pay off the mortgage.
    • His dedication finally paid off when he won the championship.
Synonyms
  • Payment, settlement (for a debt).
  • Bribe, kickback, backhander (for an illicit payment).
  • Return, yield, profit, benefit (for a gain).
  • Result, outcome, consequence, reward (for a final result).
Related Phrasal Verbs
  • Pay off: As noted above, this is the verb form from which the noun "payoff" is derived. It means to finish paying money owed, or to bring a good result.
    • We need to pay off our credit card debt.
    • All her training paid off in the race.
Related Idioms
  • "Wait for the payoff": To anticipate the final, important result.
    • The story builds slowly, so you have to wait for the payoff in the final chapter.
  • "The payoff is in the details": The success or quality of something is determined by its small, precise elements.
    • For a perfect soufflé, the payoff is in the details: the temperature of the eggs and the oven must be exact.
payoff

The farmer enjoyed the payoff from his hard work at harvest time.

Noun
  1. a recompense for worthy acts or retribution for wrongdoing
    • the wages of sin is death
    • virtue is its own reward
  2. the income or profit arising from such transactions as the sale of land or other property
    • the average return was about 5%
  3. payment made to a person in a position of trust to corrupt his judgment
  4. the final payment of a debt

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