MONTHLY PAYOUT is a term used to describe a payment that is made on a regular basis, usually once a month. In this case, the term is associated with the word RENT, which is a four-letter word that refers to the money paid for the use of a property or other asset. This could be a payment made by a tenant to a landlord for the use of a house or apartment, or it could refer to a business paying for the use of a piece of equipment or other asset.