payoff
A2CEFR level
10/100Rarity: common
TechnicalRegister
The amount a derivative pays its holder at settlement as a function of the underlying's price.
The structured note's payoff was capped once the index rose above a preset barrier.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like payoff on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.