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English
payout
ˈpeɪˌaʊt, ˈpeɪ.aʊt
Meaning: a sum of money paid out, especially as compensation
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Example
The insurance company made a large payout to the families affected by the disaster.
The insurance company made a large payout to the families affected by the disaster.
Usage Notes
Commonly used in the context of insurance claims, legal settlements, lottery winnings, or dividends. It emphasizes the act of distributing a significant amount of money at once.
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