An escrow payout is the final step of an escrow payment: the party holding the money releases it to the beneficiary. Until then the buyer's funds sit with an escrow agent or a platform, in an account kept apart from that party's own money, and neither buyer nor seller can take them unilaterally.
Release is triggered by the conditions in the escrow agreement: the buyer confirms delivery, an inspection period passes without complaint, a milestone is signed off, or documents are presented. The holder then deducts its fee and sends the balance to the seller by bank transfer, wire or wallet credit; if the deal fails, the money returns to the buyer. Marketplaces and freelance platforms use the same pattern at scale, where it overlaps with a marketplace payout subject to a payout hold. Holding and releasing third-party money is usually a regulated activity that requires a license or a licensed partner.