The term "payout" refers to a distribution or payment made by an organization, typically as part of its earnings or profits. This can be in the form of dividends paid to shareholders, interest payments on bonds, or other types of disbursements. In some cases, it may also refer to a lump sum payment made to an individual or group, such as a bonus, settlement, or prize money. The term is commonly used in finance and business contexts to describe the distribution of funds resulting from financial transactions or investments.