1 [pey]
verb (used with object), paid or ( Obsolete, except for def 12 ) payed, paying.
to settle (a debt, obligation, etc.), as by transferring money or goods, or by doing something: Please pay your bill.
to give over (a certain amount of money) in exchange for something: He paid twenty dollars for the shirt.
to transfer money as compensation or recompense for work done or services rendered; to satisfy the claims of (a person, organization, etc.), as by giving money due: He paid me for my work.
to defray (cost or expense).
to give compensation for.
to yield a recompense or return to; be profitable to: Your training will pay you well in the future.
to yield as a return: The stock paid six percent last year.
to requite, as for good, harm, or an offense: How can I pay her for her kindness and generosity?
to give or render (attention, respects, compliments, etc.), as if due or fitting.
to make (a call, visit, etc.).
to suffer in retribution; undergo: You'll pay the penalty for your stubbornness!
Nautical. to let (a ship) fall off to leeward.
verb (used without object), paid, paying.
to transfer money, goods, etc., as in making a purchase or settling a debt.
to discharge a debt or obligation.
to yield a return, profit, or advantage; be worthwhile: It pays to be courteous.
to give compensation, as for damage or loss sustained.
to suffer or be punished for something: The murderer paid with his life.
the act of paying or being paid; payment.
wages, salary, or a stipend.
a person with reference to solvency or reputation for meeting obligations: The bank regards him as good pay.
paid employment: in the pay of the enemy.
reward or punishment; requital.
a rock stratum from which petroleum is obtained.
requiring subscribed or monthly payment for use or service: pay television.
operable or accessible on deposit of a coin or coins: a pay toilet.
of or pertaining to payment.
Verb phrases, past and past participle paid or ( Obsolete, except for def 30c ) payed, present participle paying.
pay down,
to pay (part of the total price) at the time of purchase, with the promise to pay the balance in installments: On this plan you pay only ten percent down.
to pay off or back; amortize: The company's debt is being paid down rapidly.
pay for, to suffer or be punished for: to pay for one's sins.
pay off,
to pay (someone) everything that is due that person, especially to do so and discharge from one's employ.
to pay (a debt) in full.
Informal. to bribe.
to retaliate upon or punish.
Nautical. to fall off to leeward.
to result in success or failure: The risk paid off handsomely.
pay out,
to distribute (money, wages, etc.); disburse.
to get revenge upon for an injury; punish.
to let out (a rope) by slackening.
pay up,
to pay fully.
to pay on demand: The gangsters used threats of violence to force the shopkeepers to pay up.
pay as you go,
to pay for (goods, services, etc.) at the time of purchase, as opposed to buying on credit.
to spend no more than income permits; keep out of debt.
to pay income tax by regular deductions from one's salary or wages.
pay back,
to repay or return: to pay back a loan.
to retaliate against or punish: She paid us back by refusing the invitation.
to requite.
pay one's/its way,
to pay one's portion of shared expenses.
to yield a return on one's investment sufficient to repay one's expenses: It will take time for the restaurant to begin paying its way.

1150–1200; Middle English payen < Old French paier < Medieval Latin pācāre to satisfy, settle (a debt), Latin: to pacify (by force of arms). See peace

1. discharge, liquidate. 3. reward, reimburse, indemnify. 19. remuneration, emolument, fee, honorarium, income, allowance. Pay, wage or wages, salary, stipend are terms for amounts of money or equivalent benefits, usually given at a regular rate or at regular intervals, in return for services. Pay is the general term: His pay went up every year. Wage usually designates the pay given at an hourly, daily, or weekly rate, often for manual or semiskilled work; wages usually means the cumulative amount paid at regular intervals for such work: an hourly wage; weekly wages. Salary designates a fixed, periodic payment for regular work or services, usually computed on a monthly or yearly basis: an annual salary paid in twelve equal monthly installments. Stipend designates a periodic payment, either as a professional salary or, more commonly, as a salary in return for special services or as a grant in support of creative or scholarly work: an annual stipend for work as a consultant; a stipend to cover living expenses. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To pay off
World English Dictionary
pay1 (peɪ)
vb (when intr, often foll by for) (often foll by for) , pays, paying, paid
1.  to discharge (a debt, obligation, etc) by giving or doing something: he paid his creditors
2.  to give (money) to (a person) in return for goods or services: they pay their workers well; they pay by the hour
3.  to give or afford (a person) a profit or benefit: it pays one to be honest
4.  (tr) to give or bestow (a compliment, regards, attention, etc)
5.  (tr) to make (a visit or call)
6.  to give compensation or make amends
7.  (tr) to yield a return of: the shares pay 15 per cent
8.  to give or do (something equivalent) in return; pay back: he paid for the insult with a blow
9.  (tr; past tense and past participle paid or payed) nautical to allow (a vessel) to make leeway
10.  informal (Austral) to acknowledge or accept (something) as true, just, etc
11.  pay one's way
 a.  to contribute one's share of expenses
 b.  to remain solvent without outside help
12.  a.  money given in return for work or services; a salary or wage
 b.  (as modifier): a pay slip; pay claim
13.  paid employment (esp in the phrase in the pay of)
14.  (modifier) requiring the insertion of money or discs before or during use: a pay phone; a pay toilet
15.  (modifier) rich enough in minerals to be profitably mined or worked: pay gravel
[C12: from Old French payer, from Latin pācāre to appease (a creditor), from pāxpeace]

pay2 (peɪ)
vb , pays, paying, payed
(tr) nautical to caulk (the seams of a wooden vessel) with pitch or tar
[C17: from Old French peier, from Latin picāre, from pix pitch]

pay off
vb (or intr, preposition)
1.  (tr, adverb) to pay all that is due in wages, etc, and discharge from employment
2.  (tr, adverb) to pay the complete amount of (a debt, bill, etc)
3.  (intr, adverb) to turn out to be profitable, effective, etc: the gamble paid off
4.  to take revenge on (a person) or for (a wrong done): to pay someone off for an insult
5.  informal (tr, adverb) to give a bribe to
6.  (intr, adverb) nautical (of a vessel) to make leeway
7.  the final settlement, esp in retribution: the payoff came when the gang besieged the squealer's house
8.  informal the climax, consequence, or outcome of events, a story, etc, esp when unexpected or improbable
9.  the final payment of a debt, salary, etc
10.  the time of such a payment
11.  informal a bribe

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

c.1200, "to appease, pacify, satisfy," from O.Fr. paiier (12c.), from L. pacare "to please, pacify, satisfy" (especially a creditor), from pax (gen. pacis) "peace." Meaning "to give what is due for goods or services" arose in M.L., was attested in Eng. by early 13c.; sense of "please, pacify" died out
in Eng. by 1500. Sense of "suffer, endure" (a punishment, etc.) is first recorded late 14c. Payday first attested 1520s. Payphone first attested 1936.

"money given for labor or services," early 14c., from pay (v.). Payment is first attested late 14c., from O.Fr. paiement, from paiier.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Idioms & Phrases

pay off

  1. Pay the full amount on a debt or on wages, as in The car's finally paid off, or Les pays off the workers every Friday evening. [Early 1700s]

  2. Produce a profit, as in That gamble did not pay off. [Mid-1900s]

  3. Also, pay off an old score. Get revenge on someone for some grievance, require, as in Jerry was satisfied; he'd paid off his ex-partner when he bought him out at half-price, or Amy went out with her roommate's boyfriend, but she was paying off and old score.

  4. Bribe, as in The owner of the bar paid off the local police so he wouldn't get in trouble for serving liquor to minors. [Colloquial; c. 1900]

The American Heritage® Dictionary of Idioms by Christine Ammer.
Copyright © 1997. Published by Houghton Mifflin.
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Example sentences
Because of his financial problems, the house had to be sold at a sheriff's
  auction to pay off debts.
Now the efforts of a cleanup project are beginning to pay off.
In flywheels, as a matter of fact, a high-tech remake could pay off in spades.
In time, their attention and devotion began to pay off.
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