noun a payment made to someone, typically as part of an agreed trade
verb to give someone what is owed, typically money, in return for their efforts or services
adverb used to describe the act of paying off in a satisfactory or successful manner
In real estate, 'pay off' can refer to the profit made from selling a property after all expenses and debts related to the property have been settled.
In the field of finance, 'pay off' refers to the act of repaying a loan or debt in full, including any interest or fees that may have accrued.
In education, 'pay off' can refer to the benefits or rewards gained from investing time and effort into learning, such as improved job prospects or personal growth.
In gambling, 'pay off' is often used to describe a successful outcome or winning a bet, as in 'the risk paid off'.
In investing, 'pay off' can mean the return on an investment, either in terms of financial gain or other benefits such as increased market share or brand recognition.
In the publishing industry, a writer's hard work and dedication can pay off with a successful book deal or bestseller status.
A psychologist's investment in continuing education and professional development can pay off with a thriving private practice or research grant opportunities.
For entrepreneurs, taking calculated risks and making strategic decisions can pay off with business growth, increased profits, or successful product launches.
In sales, building strong relationships with clients and consistently meeting targets can pay off with commission bonuses or advancement opportunities within the company.
For athletes, years of training and dedication can pay off with championship wins, endorsement deals, or lucrative contracts with professional teams.