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- Payoff refers to the final payment of a debt12. It is the amount that, if paid now, would be the full amount owed1.Payout refers to the distribution of funds1. It is what a company does to distribute funds1. It can also refer to giving someone money, especially as compensation or as a result of a bet2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In the US, these phrases have different meanings. Pay out would not be part of a purchace on installment; pay out is what a company does to distribute funds. Payment - 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 …Pay off means to pay the full amount of a debt or to receive a benefit as a result of hard work or effort, while pay out means to give someone money, especially as compensation or as a result of a bet.redkiwiapp.com/en/english-guide/phrasal-verb-pair…
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