/peɪ ɒf/ – Verb
Definition: (Mỹ)1. trả tiền;
2. thưởng, thù lao;
3. thanh toán, báo thù, rửa hận.
A more thorough explanation: In legal terms, a “pay-off” refers to the act of giving money or something of value to someone in order to influence their actions or decisions, often in a dishonest or unethical manner. It can also refer to the settlement of a debt or obligation by making a final payment.
Example: The parties reached a settlement agreement, and the plaintiff received a pay-off of $50,000 to resolve the lawsuit.