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What does pay back mean?

Looking for the meaning or definition of the word pay back? Here's what it means.

Verb
  1. (transitive) to pay an amount of money owed to another, to repay
  2. (figuratively) to exact revenge
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Examples
The bank has been compliant in allowing the football club to run up a level of debt it could never pay back from trading.
Taxpayers should make sure that their money isn't frittered away on projects designed to pay back political supporters.
The strike action came as a result of management's refusal to make good its promise to pay back workers' money from their provident fund.
These poorer countries had no choice but to accept privatized municipal services as a way of ensuring they'd pay back their loans.
The result is that most workers found they were left with hardly anything to live on and were unable to pay back the debt.
Speculation abounds that the bank was secretly doing their part to help pay back those student loans.

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