pay off

/pˈeɪ ˈɒf/

/pˈeɪ ˈɔf/

to pay off

MAIN VERB

[phrase form: pay]

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

eliminate by paying off (debts)

synonyms : liquidate

to pay the full amount owed on a debt or loan

synonyms : redeem

do or give something to somebody in return

synonyms : compensate

take vengeance on or get even

synonyms : fix

pay someone with influence in order to receive a favor

synonyms : buy off

to dismiss someone from employment by making a final payment to them

Examples

1. John finally paid off his credit card debt and felt a huge weight lifted off his shoulders.

2. If their investment pays off, they could become filthy rich in the near future.

3. The student worked multiple jobs to pay off her student loans, acknowledging that debt is the worst poverty.

4. If the investment pays off, they plan to live high off the hog and retire early to a life of luxury.