pay off


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pay (one) off

To pay one money in exchange for special treatment or avoiding punishment; to bribe one. Despite the huge amount of evidence, the criminal was still acquitted. He must have paid off the jury! We paid off the committee members, so our application should go through without a hitch.
See also: off, pay

pay (something) off

To repay a debt or bill in full; to finish paying for something bought on credit. I should have enough in my account to pay the phone bill off this month. We just finished paying off the car, and you want to start looking at a newer model?
See also: off, pay

pay off

To yield profits or benefits following an investment (of time, money, energy, etc.). Wow, those private lessons have really paid off—your Spanish sounds totally fluent! If this venture doesn't pay off, we'll be forced to declare bankruptcy.
See also: off, pay

pay someone off.

 
1. Lit. to pay what is owed to a person. I can't pay you off until Wednesday when I get my paycheck. I have to use this money to pay off Sarah.
2. Fig. to bribe someone. Max asked Lefty if he had paid the cops off yet. Lefty paid off the cops on time.
See also: off, pay

pay something off

to pay all of a debt; to pay the final payment for something bought on credit. This month I'll pay the car off. Did you pay off the gas bill yet?
See also: off, pay

pay off

to yield profits; to result in benefits. My investment in those stocks has really paid off. The time I spent in school paid off in later years.
See also: off, pay

pay off

1. Pay the full amount on a debt or on wages, as in The car's finally paid off, or Les pays off the workers every Friday evening. [Early 1700s]
2. Produce a profit, as in That gamble did not pay off. [Mid-1900s]
3. Also, pay off an old score. Get revenge on someone for some grievance, require, as in Jerry was satisfied; he'd paid off his ex-partner when he bought him out at half-price, or Amy went out with her roommate's boyfriend, but she was paying off and old score.
4. Bribe, as in The owner of the bar paid off the local police so he wouldn't get in trouble for serving liquor to minors . [Colloquial; c. 1900]
See also: off, pay

pay off

v.
1. To pay the full amount of some debt: She paid off the mortgage ahead of schedule. He paid his college debt off six years after he graduated.
2. To result in profit; be lucrative: Your efforts will eventually pay off.
3. To result in some degree of profit or loss: My unwise bet paid off very badly.
4. To pay the wages that are due to an employee upon discharge: We were fired, so they paid us off and we left the building. The company didn't fire the workers because it couldn't afford to pay them off.
5. To bribe someone in order to ensure cooperation: The owner of the factory paid off the inspectors so that they wouldn't report the safety violations. I won't allow anyone to cheat here, and no one can pay me off.
See also: off, pay
References in periodicals archive ?
But if you have debt that's going to take you a long time to pay off anyway, it makes more sense to use a cash-out refinance loan to repay it.
The passenger was unable to pay off the fine and opted to leave later the day.
When a client is wealthy enough to pay off a mortgage and wants to do so, CFP Chris Chen of Waltham, Massachusetts, still recommends spreading the payments over time to keep the taxes down.
Look at switching to an interestonly deal If you don't have a steady income but you are confident of a lump sum, such as an inheritance or a few big bonuses, that will allow you to pay off the mortgage in a few large payments in the future, you could switch to an interest-only deal.
He said Malaysians can be proud that they are showing immense patriotism for the country by donating to help pay off its debts.
So if you already have the discipline to pay off debt and have the cash for it, this will also work for you.
The new figure is much higher than previous estimates from the Financial Conduct Authority (FCA) which said around 260,000 homeowners had no strategy to pay off their mortgages in 2013.
The company will repay amounts outstanding on its revolving credit facility, which was recently used to pay off a $206.5 million loan secured by 333 Market in San Francisco, and pay off a $21.0 million mortgage loan on one of the disposition properties.
You can use a variety of strategies to pay off debt, but like many people, you may be torn between paying off debt and the need to save for retirement.
Ryan Cox decided to pay off all the overdue lunch accounts for students.
I do not believe it is the responsibility of the government -- the people's taxes -- to pay off college loans so others can accumulate more money.
The Finance Ministry also said it would pay off Soviet debt to Finland, the Czech Republic and Montenegro before the end of the current year.bne/Ria Novosti
The reversal of the downward trend suggests that consumers are either taking on more debt or failing to pay off debt accumulated over Christmas.
If you're unable to pay off your balance in full this month, look at transferring your balance to a new zero per cent card.
Motorists in Abu Dhabi can pay off fines for traffic violations in installments starting from today.