Meaning of PAYOFF in English

PAYOFF

pay ‧ off /ˈpeɪɒf $ -ɒːf/ BrE AmE noun [countable]

1 . an advantage or profit that you get as a result of doing something:

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.

3 . a payment made to someone when they are forced to leave their job ⇨ redundancy :

The average payoff to staff was about £2000.

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.