Lexic.us

Definition of Pay out

1. Verb. Expend, as from a fund.

Definition of Pay out

1. Verb. To distribute money; to disburse ¹

2. Verb. (nautical) To slacken a rope by lengthening it; to allow a rope to run out. ¹

3. Verb. To repay, take revenge ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Pay Out

Literary usage of Pay out

Below you will find example usage of this term as found in modern and/or classical literature:

1. The Law of Contracts by Samuel Williston, Clarence Martin Lewis (1920)
"is between a promise that the promisor will pay out of a particular fund and ... Whether promises to assign or to pay out of a fund create equitable liens. ..."

2. The Public Records of the Colony of Connecticut [1636-1776] by Connecticut, Connecticut General Assembly, Connecticut Council, Council of Safety (Conn.)., James Hammond Trumbull, Charles Jeremy Hoadly (1890)
"It is ordered and resolved, That Mr. Commissary Christophers do deliver and pay out of the Colony's money that now is or that may be delivered into his ..."

3. The Law of Negotiable Instruments: Statutes, Cases and Authorities by Ernest Wilson Huffcut, Frederick Diamond Colson (1910)
"... (b) An order or promise to pay out of a particular fund it conditional* §22 WORDEN v. DODGE. 4 DENIO (NY) 169. —1847. ..."

4. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1912)
"All the members of that firm directed said attorneys to pay out of said fund all ... Calhoun & Rambo openly declare that they will not pay out the Insurance ..."

5. The American and English Encyclopedia of Law by Thomas Johnson Michie (1886)
"pay out of a particular fund would seem not to constitute an assignment, for the assignor must not retain any control ..."

6. A Treatise on Commercial Paper and the Negotiable Instruments Law: Including by James Webster Eaton, Frank Bixby Gilbert (1903)
"Order or promise to pay out of a particular fund.— It has' been long established that a bill or note made payable out of a particular fund is not negotiable ..."

7. A Treatise on the Law of Mortgages by John Joseph Powell, Thomas Coventry (1826)
"They promise to pay out of the estate of the deceased father, that is, out of all the estate; and there being now no personalty, this instrument must be ..."

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