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  2. Dictionary
    pay·out
    [ˈpāˌout]
    noun
    payout (noun) · payouts (plural noun) · pay-out (noun) · pay-outs (plural noun)
    1. a large payment of money, especially as compensation or a dividend:
      "an insurance payout"
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  8. People also ask
    What is an insurance payout?An insurance payout is the amount of money that an insurance company pays to a policyholder or a beneficiary under the terms of an insurance policy. Insurance policies are designed to provide financial protection against unexpected events, such as accidents, illnesses, natural disasters, or death.
    waffleinsurance.com
    What is a synonym for pay out?Start each day with the Synonym of the Day in your inbox! By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies. On this page you'll find 195 synonyms, antonyms, and words related to pay out, such as: squander, waste, dissipate, spend, and lay out.
    What does a payout mean?A payout is a sum of money, especially a large one, that is paid to someone, for example, by an insurance company or as a prize. ...long delays in receiving insurance payouts. Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers 1. 2. Webster’s New World College Dictionary, 4th Edition.
    What is an example of a health insurance payout?For example, in the case of a life insurance policy, the payout is typically a lump sum payment to the beneficiary upon the death of the insured. In the case of a health insurance policy, the payout may be a reimbursement of medical expenses incurred by the policyholder.
    waffleinsurance.com
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