payout

noun

Meaning

A sum of money paid to someone, especially as a result of an insurance claim, investment, or gambling win.

The insurance company authorized a generous payout to cover the repair costs of the damaged roof.
Investors are hoping for a significant payout when the company finally goes public next year.

Synonyms: payment, settlement, dividend, remittance

noun

Pronunciation: /ˈpeɪaʊt/

A sum of money paid to someone, especially as a result of an insurance claim, investment, or gambling win.

The insurance company authorized a generous payout to cover the repair costs of the damaged roof.
Investors are hoping for a significant payout when the company finally goes public next year.
The casino staff processed the high-roller's massive payout after he hit the jackpot.

receive a payout (collocation): to get money from a source — "The family will receive a large payout from the life insurance policy."
a lump-sum payout (collocation): a single, large payment rather than installments — "He chose to take the winnings as a lump-sum payout."

Words with a similar meaning to payout: