Definition & Meaning of "pay off"

to pay off

[phrase form: pay]

(of a plan or action) to succeed and have good results

to give the full amount of money owed on a debt or loan

to get revenge on someone for something they did

to finish paying money owed

to give something back to someone in return for something they did

to give someone money, often secretly, to get a favor or advantage

to give someone a final payment when their job ends

Example

Patience and perseverance often pay off in the long run.

They hoped that the marketing campaign would pay off in increased sales.

His dedication to training paid off when he won the gold medal.

Their investment in the startup paid off when the company went public.

All those hours of studying really paid off during the exam.

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