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- Pay-in refers to the date that shares are transferred to the custodian or broker or sub-broker after an investor sells the shares1.Pay-out refers to the day that the buyer receives the shares from the broker1.Payouts are the exact opposite of pay-in. In payouts, businesses actually pay the money to suppliers, freelancers, employees, customers (in case of refunds), sellers, or other parties that need to be paid2. The gig workers or sellers that receive the payments via payouts are known as payees2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The date that shares are transferred to the custodian or broker or sub-broker after an investors sells the shares is called the pay-in date. The day that the buyer receives the shares from the broker is called the pay-out date.economictimes.indiatimes.com/markets/stocks/new…Payouts are the exact opposite of pay-in. In payouts, businesses actually pay the money to suppliers, freelancers, employees, customers (in case of refunds), sellers, or other parties that need to be paid. The gig workers or sellers that receive the payments via payouts are known as payees.inai.io/blog/the-mechanisms-of-pay-ins-and-pay-outs
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