The payment of a salary, debt, wager, etc. the time at which such payment is made. the consequence, outcome, or final sequence in a series of events, actions, or circumstances: The payoff was when they fired him.
We're all familiar with the basic concept of setup and payoffs: early on in your screenplay, you set up some detail/scenario that may seem irrelevant, but later on will yield a result that hopefully your audience wasn't anticipating (the payoff).
Payout quote It is a quote of the final payment required for you to exit your Finance contract early.
How can I request a payoff statement? Contact your servicing bank (where you make your monthly mortgage payments) and request a payoff statement.
The payoff function is a function u i : S 1 × S 2 × ⋯ S m → R .
Instead, you have to get a 10-day payoff estimate from your current lender, which includes the amount you owe, as well as any interest that might accrue on the principal balance in the next 10 days.