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Meaning of payoff
The primary meaning of the word "payoff" is the return or reward for an effort, investment, or action.
Etymology of payoff
The word "payoff" originated in the mid-19th century, derived from the verb "pay" and the noun "off", which in this context means "payment" or "discharge".
Initially, it was used in the context of settling debts or paying wages, but over time, its meaning expanded to include the concept of reward or return on investment.
Synonyms
Definitions
- A payoff is the act or fact of paying someone back or rewarding them for something they have done.
- It can also refer to the amount of money paid as a reward or the profit made from an investment or venture.
- In a broader sense, a payoff can be the outcome or result of a particular action or situation.
Usage Examples
- The company's payoff for investing in the new technology was a significant increase in productivity and profits.
- The payoff for years of hard work and dedication was a prestigious award and national recognition.
- The payoff for taking a risk and starting her own business was a sense of fulfillment and financial stability.