When something is understated, and is in fact more useful/fun/good than expected.

Originates from the Itbox games in pubs/bars, where a game is said to 'pay out' if it is easy to win and extract free money from.

To insult, to knock, to slather with insults. In common usage, at least in Australia.

"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.

The money a prostitute has to pay her pimp each night. Mentioned in 'Whoop That Trick' by D'Jay.

to make fun of someone, at times using their own posts/replies in a chat room and/or message board against them

To insult, dis' or burn someone.

Something you will pay a ridiculous amount of money to rent, buy, or repair/maintain.