pay out (something) Meaning in the Cambridge English Dictionary
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Meaning of “pay out (something)” in the English Dictionary

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pay out (something)

phrasal verb with pay  us   /peɪ/ verb (past tense and past participle paid  /peɪd/ )
to ​spendmoney: The ​federalgovernment paid out $7.7 ​billion as a ​result of ​damage caused by ​hurricanes this ​year.
(Definition of pay out (something) from the Cambridge Academic Content Dictionary © Cambridge University Press)
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