Meaning of payout

pay•out

Pronunciation: (pā'out"), [key]
— n.
  1. an act or instance of paying, expending, or disbursing.
  2. money paid, expended, or disbursed, as a dividend or winning: He went to the betting window to collect his payout.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.