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Another myth of the bailout: Chrysler secured creditors going on about 28 cents on the dollar on their debt, even though their debt was supposedly secured. Secured means you get
paid off at the top of the line; 100 cents on the dollar in the event of a corporate collapse. But the truth is these guys got more money, far more money in the settlement
that the government took to the bankruptcy courts than they would've gotten if Chrysler had simply liquidated. They would've gotten virtually nothing if Chrysler had been liquidated.
Listen to native speakers pronounce “paid off” in real conversational contexts with synchronized timestamps and subtitles.