Definitions

1. noun

the profit or benefit obtained from a particular action or investment.

“The company’s financial reports revealed a huge payoff from their new marketing strategy.”

2. verb

to obtain a profit or benefit from a particular action or investment.

“The investors decided to pay off their mortgage early to save money on interest payments.”

3. noun

the satisfaction or reward that comes from achieving a goal or overcoming a difficulty.

“The athlete felt a great payoff after winning the championship game.”

4. verb

to make a payment or settle a debt, especially by paying the full amount due.

“The company paid off its debts and is now operating in the black.”