Usually means: Distribute money as earnings or rewards.
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We found 16 dictionaries that define the word pay out:

General (12 matching dictionaries)
  1. pay out: Collins English Dictionary
  2. pay out: Vocabulary.com
  3. pay-out: Wordnik
  4. pay (sth) out: Cambridge Advanced Learner's Dictionary
  5. pay-out, pay out: Wiktionary
  6. pay out: Dictionary.com
  7. pay out: Rhymezone
  8. pay out: Free Dictionary
  9. pay out: Mnemonic Dictionary
  10. pay out: Dictionary/thesaurus

Business (1 matching dictionary)
  1. pay-out, pay out: Legal dictionary

Miscellaneous (1 matching dictionary)
  1. pay out: Idioms

Slang (1 matching dictionary)
  1. Pay Out: Urban Dictionary

Tech (1 matching dictionary)
  1. Pay Out, Pay Out: Latitude Mexico

(Note: See pay_outs as well.)

Definitions from Wiktionary (pay out)

verb:  To distribute money; to disburse.
verb:  (nautical, transitive) To slacken a rope by lengthening it; to allow a rope to run out.
verb:  (of a rope, intransitive) To slacken by lengthening.
verb:  To repay, take revenge.
verb:  (Australia, informal, transitive) To make fun of or insult, often in a teasing manner.

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