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English definition of “payout”

payout

noun [C] uk   /ˈpeɪ.aʊt/ us  
a large amount of money that is paid to someone: With this insurance policy there is a maximum payout of £2,500.General words for amounts of moneyLarge amounts of moneySmall amounts of money
(Definition of payout from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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