noun a sum of money paid in exchange for a service or favor
The final payment of a loan or other financial arrangement, representing the total amount due.
The positive outcome or result obtained from an investment or decision.
The potential return or reward from a bet or wager.
The sense of satisfaction or fulfillment gained from completing a task or achieving a goal.
In the context of writing, 'payoff' refers to the resolution or conclusion of a story or article that provides satisfaction or closure to the reader.
Psychologists may use the term 'payoff' when discussing the long-term benefits or rewards that come from achieving certain therapeutic goals or behavioral changes.
Financial analysts may use 'payoff' to refer to the return on investment or the profit gained from a particular financial decision or strategy.
In project management, 'payoff' can refer to the successful outcome or result of a project, often in terms of meeting objectives, delivering value, or achieving milestones.
Salespeople may use 'payoff' to describe the benefits or advantages that a product or service offers to customers, often emphasizing the value proposition or return on investment.