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Payment vs Payout - What's the difference?

payment | payout |

As nouns the difference between payout and payment

is that payout is an amount of money paid out while payment is the act of paying.

payment

English

Noun

  • (uncountable) The act of paying.
  • (countable) A sum of money paid in exchange for goods or services.
  • * , chapter=7
    • , title= The Mirror and the Lamp , passage=“[…] This is Mr. Churchill, who, as you are aware, is good enough to come to us for his diaconate, and, as we hope, for much longer; and being a gentleman of independent means, he declines to take any payment .” Saying this Walden rubbed his hands together and smiled contentedly.}}

    Synonyms

    *

    Derived terms

    * down payment * grease payment * lubrication payment * payment in kind

    External links

    * (wikipedia "payment")

    payout

    English

    Noun

    (en noun)
  • An amount of money paid out.
  • *{{quote-magazine, date=2013-06-08, volume=407, issue=8839, page=55, magazine=(The Economist)
    • , title= Obama goes troll-hunting , passage=According to this saga of intellectual-property misanthropy, these creatures [patent trolls] roam the business world, buying up patents and then using them to demand extravagant payouts from companies they accuse of infringing them. Often, their victims pay up rather than face the costs of a legal battle.}}
  • The value of dividends paid to shareholders.