Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “payoff”

payoff

noun [C] (also pay-off)
 
 
/ˈpeɪɒf/
HR, WORKPLACE money that is paid to someone so that they do not cause trouble, or to persuade them to leave their job: to accept/receive a payoff to demand/negotiate a payoff If her contract is terminated she will be in line for a $1.2m pay-off.
money received from a business arrangement or an investment: The deal is forecast to produce a pay-off of $160,000. The payoff was greater than investors had been led to believe.
an advantage gained as the result of a decision, series of actions, etc.: The payoff from the new organizational structure has been enormous, for instance in cutting project lead times by 50%.
(Definition of payoff from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of payoff?
Add Cambridge dictionaries to your browser to your website

Definitions of “payoff” in other dictionaries

Word of the Day

aptitude

a natural ability or skill

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More