payoutpay·out /ˈpeɪ-aʊt/ noun [countableC]1FINANCEa large sum of money, given to someone for the work they have donean increase in commission payouts for some top-producing brokers
2INSURANCE a payment made to someone who has made an insurance claimThe insurance company’s profits fell 13% because of big payouts related to a series of hurricanes.
3FINANCE a DIVIDEND payment (=part of a company’s profits for a particular period of time paid to people who own shares in it)The board voted to cut the payouts in response to current operating results.