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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.'Payment is with respect to the buyer.For example, when a buyer goes and purchase something on Amazon, he makes a payment. Payout is with respect to the seller. When the seller receives the amount for the good he sold on Amazon, he receives the payout from Amazon of that amount. Pay-off means returns, or a final outcome.hinative.com/questions/6369641Payment - 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.english.stackexchange.com/questions/489287/pay …
As nouns the difference between payment and payout. is that payment is (uncountable) the act of paying while payout is an amount of money paid out.
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WEBJan 28, 2019 · The balance of your loan is what you owe as of the statement date, but the payoff quote is the amount it will take to pay off your loan balance, as well as any unpaid interest up until the...
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