IPA: //ˈpeɪ.ɔf//
KK: /ˈpeɪˌɔf/
A result or benefit gained from an action or decision, often after a period of effort or investment.
The payoff from her hard work was a promotion at her job.
A payoff is a final payment or reward, often given as a settlement or in return for something, such as a bribe or the conclusion of a situation.
The company received a large payoff after the successful merger.
Payoff → It is formed from "pay" (from Old French *paier*, meaning to settle a debt or give compensation) and "off" (meaning away or completed). The word "payoff" refers to the completion of a payment or the return received from an investment or effort.
Think of 'settling a debt' ('pay') and 'completing' something ('off') — that's why a payoff is the result of completing a payment or effort.