Usually means: Payment contingent on future performance.
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We found 10 dictionaries that define the word earnout:

General (4 matching dictionaries)
  1. Earnout, earnout: Wordnik
  2. earnout: Wiktionary
  3. earnout: Dictionary.com
  4. Earnout: Wikipedia, the Free Encyclopedia

Business (6 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. earnout: Webster's New World Finance & Investment Dictionary
  3. INVESTORWORDS (No longer online)
  4. Earnout: Investopedia
  5. Earnout: Legal dictionary
  6. earnout: Financial dictionary

Definitions from Wiktionary (earnout)

noun:  (business, finance) A formula by which the management of a company earns a share of the company's share capital by achieving results above pre-determined levels.

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