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Payoff - Law Dictionary Search Results

Home Dictionary Name: payoff

payoff

payoff 1 : the act or an instance of paying someone off : bribe compare kickback 2 : the act of paying a debt or creditor in full [would release the lien upon the of the balance] ...


payoff

profit or gain from an action used broadly as lots of effort with little payoff...


kickback

kickback : a payment (as of money or property) made to one in a position to open up or control a source of income for the payor [convicted of receiving s for referrals] compare bribe, payoff NOTE: A kickback is specifically a payment for income received or to be received. The word is usually not restricted to a return of funds. ...


parimutuel

A form of betting where winners share the total amount wagered in proporation to their bets and less a portion for the management used commonly in betting at horse racing track In parimutuel betting the payoff for a bet does not have fixed odds but depends on the amount bet on each outcome...


Rake-off

Rake-off, means a percentage or share taken, especially from an illegal transaction; an illegal bribe, payoff, or skimming of profits, Black's Law Dictionary, 7th Edn., p. 1266....


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