Meaning of the word "paid off" in English

What does "paid off" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

paid off

US /peɪd ɔf/
UK /peɪd ɒf/

Phrasal Verb

1.

to yield good results; to be successful

Example:
All her hard work finally paid off when she got the promotion.
The investment in new technology really paid off for the company.
2.

to pay a debt in full

Example:
They finally paid off their mortgage after 30 years.
He worked extra hours to pay off his credit card debt.
3.

to bribe someone

Example:
The criminal tried to pay off the witness.
They were accused of trying to pay off officials.