A payoff is money someone receives when they finish a job or an agreement. It is like a reward or final payment. People often expect a payoff if they do something important.
She got a big payoff for her work.
The payoff came after the project ended.
Payoff means the good result you get from trying or working hard. It is like the success or benefit after you do something. People use this to talk about rewards from efforts.
The payoff of studying is doing well.
There is a payoff for hard work.
In finance, payoff means paying all the money you owe on a loan. When you make a payoff, the debt finishes and you do not owe money anymore. This is common with loans or mortgages.
They made the payoff on their car loan.
The payoff of the mortgage was last month.
A payoff can mean an illegal payment called a bribe. Someone gives money secretly to get a favor or help. This use is often in business or politics with bad actions.
He gave a payoff to speed up the process.
The company used payoffs to get the contract.
In stories or movies, payoff means the ending where things are clear and all questions are answered. It is the part that gives the reward to the viewers or readers.
The movie’s payoff surprised the audience.
Good stories have a strong payoff at the end.
Payoff describes the full money you pay to finish a loan, not just the main amount but also interest and fees. It is important to know this before fully paying a loan.
The payoff includes fees and interest.
Ask for the payoff amount to close the loan.
