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English definition of “payout”

payout

noun [C]     /ˈpeɪ.aʊt/
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 noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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