After you receive an order via WooPayments, the payment amount (minus our fees) will be added to your account balance. This balance is regularly transferred to your bank account or debit card. These transfers are referred to as “payouts.”
Prior to WooPayments version 8.5.0 (released on Nov 14, 2024), payouts used to be referred to as “deposits.” You may still see that terminology used in a few places while we work on updating things.