Differences between pay out and take out
Pay out means to give money to someone, usually as a result of a legal obligation or a bet. On the other hand, take out means to remove something from a place or to go somewhere with someone and enjoy a social activity.
Meanings and Definitions: pay out vs take out
Learn how to use these expressions through these examples
Pay out
- 1To distribute money, especially as a result of an investment.
It’ll be a few years before our investments start paying out.
- 2To spend or distribute money, especially a large amount.
We’ve paid out thousands of pounds in health insurance over the years.
Take out
- 1Borrow a library book.
I TOOK OUT all the books I needed for my essay from the library.
- 2Borrow money from a bank or other official lender.
Jackie and Anil TOOK OUT a mortgage to buy a bigger flat.
- 3Extract or remove.
The dentist TOOK OUT all of my wisdom teeth before they started causing any problems.
- 4Go out socially with someone, especially a date.
He TOOK her OUT to a restaurant last Friday night.
- 5Obtain insurance.
I TOOK OUT some health insurance before I went backpacking around Latin America.
- 6Kill, murder.
The gang TOOK him OUT after he spoke to the police.
Usage Examples: pay out, take out in Sentences
Learn how to use these expressions through these examples
pay out
Example
The company will pay out dividends to its shareholders.
Example
The insurance company pays out claims to its customers.
take out
Example
I always take out the trash after dinner.
Example
She takes out the garbage every morning.
Similar Expressions(Synonyms) of Pay out
To provide money or something of value to someone as a result of a legal obligation or agreement.
Example
The insurance company agreed to compensate the victim for the damages caused by the accident.
settle up
To pay off a debt or obligation, usually in full.
Example
I need to settle up with my landlord before the end of the month to avoid late fees.
Similar Expressions(Synonyms) of Take out
To take something away from a place or position.
Example
She had to remove the old wallpaper before painting the room.
To temporarily take something from someone with the intention of returning it later.
Example
Can I borrow your car for the weekend? Mine is in the shop.
Explore more Phrasal Verbs
Here are some phrasal verbs with the same verbs or particles
Phrasal Verbs with “take”
Phrasal Verbs with “out”
Differences in pay out vs take out: Usage, Formality, and Tone
Frequency in Daily Use: pay out or take out?
In daily conversation, people use take out more often than pay out. This is because take out is used for more daily tasks and routines such as eating out or borrowing something. Pay out is not used as much. It's mainly used in specific situations like insurance claims or gambling. So, while both phrases are used, take out is more common in everyday conversation.
Informal vs Formal: Contextual Use of pay out and take out
Pay out and take out are informal phrases often used in casual conversations. They are suitable for everyday interactions with friends and family. In more formal settings like business or academic contexts, using alternative expressions can convey a more polished tone.
Tone and Implication: The Nuances of pay out and take out
The tone of pay out and take out can differ based on context. Pay out often carries a serious or negative tone when related to legal obligations or debts, while take out typically has a practical and casual tone, especially when referring to removing objects or ordering food.