What does paid out mean at work?

Money given in return for work done; salary; wages. 3. a. Recompense or reward: Your thanks are pay enough. b.

What word means money paid out?

Some common synonyms of pay are compensate, indemnify, recompense, reimburse, remunerate, repay, and satisfy. While all these words mean “to give money or its equivalent in return for something,” pay implies the discharge of an obligation incurred.

Is it pay out or payout?

pay•out (pā′out′), n. an act or instance of paying, expending, or disbursing. Businessmoney paid, expended, or disbursed, as a dividend or winning:He went to the betting window to collect his payout.

What does paid out and paid in mean?

Sep 28, 2020•Knowledge Upserve POS tracks non-sales related cash withdrawals and deposits through the Pay In/Pay Out feature. A Pay In is when cash is added to the cash drawer without a sale being made. A Pay Out is when cash is taken from the cash drawer without a sale being made.

What does paid out mean on loan?

Your payoff amount is how much you will actually have to pay to satisfy the terms of your mortgage loan and completely pay off your debt. Your payoff amount is different from your current balance.

What is paid up mean?

Definition of be paid up : having given all of the money that one owes on a debt until a specific date. You’re (all) paid up through June.

What pay out means?

phrasal verb. If you pay out money, usually a large amount, you spend it on something.

What are payouts?

A payout is a sum of money, especially a large one, that is paid to someone, for example, by an insurance company or as a prize.

What is paid out in a hotel?

A “Paid Out” is a transaction in which a cashier advances money to a guest and then charges the guest’s account for the amount given. Paid Outs are posted as charges on the guest folio using “Make a Posting” on the Manage Billing screen. Paid Outs generate a receipt after they are posted.

What means cash out?

Definition of cash out transitive verb. : to convert (noncash assets) to cash cash out stocks. intransitive verb. : to convert noncash assets to cash.

What is the end of a loan called?

A loan term is the duration of the loan until it’s paid off, such as 60 months for an auto loan or 30 years for a mortgage. You’ll pay more interest overall on a long-term loan, but your payments will likely be less because the principal balance you borrowed is spread out over more months.