English Dictionary
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a payment that you make to someone as part of an agreement so that they do not cause trouble for you
His ex-wife pocketed a £20 million payoff after 26 years of marriage.
a payment that you make to someone so that they will do something bad or dishonest for you
a payment that you make to someone so that they will not do something that will cause you problems, especially by telling people about something bad that you have done
a final payment that you make to someone when they stop working for you
He got a big cash payoff.
the benefit that you get from doing something
Until now the payoff of these reforms has not been seen.
