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1.
To insult, to knock, to slather with insults. In common usage, at least in Australia.
I just got paid out by this fat cunt and I was pissed as shit bro.

Why would you pay out Transformers 2?
by Mozric June 28, 2009
41 3
 
2.
"Pay Out" is a term commonly used in nightclubs and bars that a patron and/or server uses to indicate that it's time for payment.

This is not to be confused with the term pay up, but it is similar to settle up and tab out.
Hey Bill, I'm gonna pay out after I have one more beer.
by Giskard August 10, 2004
80 64
 
3.
The money a prostitute has to pay her pimp each night. Mentioned in 'Whoop That Trick' by D'Jay.
Nigga, i ain't even made pay out yet.
by God of Technology August 10, 2007
12 10
 
4.
Cash; earnings.
I took his payout.
by CnClear January 15, 2011
4 3
 
5.
to make fun of someone, at times using their own posts/replies in a chat room and/or message board against them
Draccs: I am so fat
Faun: Dude shut up you fucking solar anus
Nyarl: haha fucking payed out:as
by heh March 24, 2003
31 113
 
6.
To insult, dis' or burn someone.
I waz paying him out about spewing from just one drink.
by Diego September 20, 2003
370 2060