What is the difference between payoff and payout?
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What is the difference between payoff and payout?
In the US, these phrases have different meanings. Pay out would not be part of a purchace on installment; pay out is what a company does to distribute funds. Payment – the individual amounts paid toward the total owed. Payoff- the final payment, or the amount that if paid now would be the full amount owed.
Is it pay out or payout?
pay•out (pā′out′), n. an act or instance of paying, expending, or disbursing. Businessmoney paid, expended, or disbursed, as a dividend or winning:He went to the betting window to collect his payout.
What does it mean to pay out money?
1. phrasal verb. If you pay out money, usually a large amount, you spend it on something.
Will be paid out meaning?
transitive to spend or pay money, especially a lot of money. We’ve paid out thousands of pounds in health insurance over the years. Synonyms and related words. To spend or to pay money.
Has paid off meaning?
If something you have done pays off, it is successful: All her hard work paid off in the end, and she finally passed the final exam. SMART Vocabulary: related words and phrases.
Why is payoff amount different than balance?
Your payoff amount is different from your current balance. Your current balance might not reflect how much you actually have to pay to completely satisfy the loan. Your payoff amount also includes the payment of any interest you owe through the day you intend to pay off your loan.
What is another word for payout?
What is another word for payout?
| payment | pay |
|---|---|
| cash | money |
| payoff | salary |
| wages | result |
| outcome | settlement |
How do you use payout in a sentence?
Payout sentence example
- The company expects to spend $ 32bn on the one-time payout and $ 30bn on the stock buyback.
- Earlier this year more than 100,000 staff who have bought into the share option scheme enjoyed a £ 106 million payout .
- Staff in about 100 stores will be receiving the payout .
Why is it paid and not payed?
The correct past tense of the verb pay is paid, as long as the word is used in the financial or transactional sense. If the verb pay is used in a nautical sense, the correct form is payed.
What is the difference in paid and payed?
The correct past tense of the verb pay is paid, as long as the word is used in the financial or transactional sense. If the verb pay is used in a nautical sense, the correct form is payed. What can you do with the verb pay? You can pay for college, vacations, or utilities.
What is another word for paid off?
What is another word for paid off?
| paid up | paid |
|---|---|
| payed | settled |
| recompensed | cleared |
| discharged | met |
| liquidated | footed |
Why are payoff amounts higher?