pay-off (AmE spelling payoff) noun [C] (informal)

1

a payment of money to sb to persuade them to leave their job:

The fund manager left the company with a $1 million pay-off.

The company is offering large pay-offs to anyone accepting voluntary redundancy.

2

the money you receive from an investment, etc:

The pay-off could be huge if the company succeeds in remaking itself.

⇨ PAY verb, PAY verb

3

an advantage or a good result from sth:

The pay-off of the new system shows up in all stages of a project.

• innovation
• innovative
• inoperative
• inorganic
• in-pack
• in-person
• in-plant
• input
• input/output
• input tax
• inquisitorial
• inquorate
• inroad
• insert
• in-service
• in-service withdrawal
• inset
• inside
• inside information
• insider
• insider information
• insider trade
• insider trading
• inside track
• inside worker