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pay‧off
[countable]
[countable]1 an advantage or profit that you get as a result of doing something :
With electric cars there is a big environmental payoff.
With electric cars there is a big environmental payoff.2 a payment that is made to someone, often illegally, in order to stop them from causing you trouble [↪ bribe]:
Union leaders allegedly received huge payoffs from the company's bosses.
Union leaders allegedly received huge payoffs from the company's bosses.3 a payment made to someone when they are forced to leave their job [↪ redundancy]:
The average payoff to staff was about £2000.
The average payoff to staff was about £2000.