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What is a payout?

What is a payout? Here are some definitions.

Noun
  1. An amount of money paid out.
  2. The value of dividends paid to shareholders.
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Examples
However, the deal stipulates they cannot take the payout and bring separate proceedings for an extra amount.
Not only did he get a bumper pay-rise, but he got a huge cash payout because his co-workers were discriminated against.
With a nice redundancy payout like this, I'm going to bludge for a week or two.
They could receive the payout even while continuing to hold down other jobs.
An investor must be listed as a holder of record to ensure the right of a dividend payout.
Mr Butler becomes eligible for the payout as soon as he vacates Government House.

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