a payment that you make to someone as part of an agreement so that they do not cause trouble for you
His ex-wife pocketed a £20 million payoff after 26 years of marriage.
Synonyms and related words
Miscellaneous payments
payment
advance
premium
1a
a payment that you make to someone so that they will do something bad or dishonest for you
Synonyms and related words
Miscellaneous payments
payment
advance
premium
1b
a payment that you make to someone so that they will not do something that will cause you problems, especially by telling people about something bad that you have done
Synonyms and related words
Miscellaneous payments
payment
advance
premium
2
a final payment that you make to someone when they stop working for you
He got a bigcash payoff.
Synonyms and related words
Extra payments and benefits in addition to wages
benefit
benefit in kind
bonus
3
the benefit that you get from doing something
Until now the payoff of these reforms has not been seen.
Synonyms and related words
Advantages and benefits
advantage
benefit
good
payoff
noun countable
US /ˈpeɪˌɔf/
Word Forms
singular
payoff
plural
payoffs
DEFINITIONS3
1
the benefit that you get from doing something
Until now the payoff of these reforms has not been seen.
Synonyms and related words
Advantages and benefits
advantage
benefit
good
2
a payment that you make to someone as part of an agreement so that they do not cause trouble for you
His ex-wife pocketed a $20 million payoff after 26 years of marriage.
Synonyms and related words
Miscellaneous payments
payment
advance
contribution
2a
a payment that you make to someone so that they will do something bad or dishonest for you
Synonyms and related words
Miscellaneous payments
payment
advance
contribution
2b
a payment that you make to someone so that they will not do something that will cause you problems, especially by telling people about something bad that you have done
Synonyms and related words
Miscellaneous payments
payment
advance
contribution
3
a final payment that you make to someone when they stop working for you