Payback


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Related to Payback: Payback period

Payback

The length of time it takes to recover the initial cost of a project, without regard to the time value of money.

Payback

The length of time until an investment makes an amount of money equal to the original amount invested. It does not account for the time value of money. That is, the payback period differs from the break-even time, which accounts for inflation, interest, and so forth.
References in periodicals archive ?
Some of these people have nothing to get out of bed for without Payback.
Community payback must include a minimum of a day's work - lasting at least seven hours - once a week.
Under this partnership, Payback's 110 million members will be able to use their Payback Points when making flight, hotel and holiday bookings on Ezeego1.
The community payback scheme was introduced in 2011 and is one of the ways in which offenders put something positive back into their local communities and address their offending behaviour.
Not much can be seen with regard to specific features, but we do know that Payback will very much revel in the deep vehicle customization inherent in street race culture.
We are very happy that with artegic we have an experienced email technology provider at our side for our agile development of new and innovative real-time marketing products," says Sandra Prinzenberg, Director Multichannel & Lifecycle Management at PAYBACK.
Giampiero Mazzei, Campaign Operations at PAYBACK Italia, said: By extending our contract with our already trusted supplier Xura, we not only benefit from greater service scope, meaning we can reach more customers quickly with more targeted and secure campaigns, but we will achieve better operational efficiency for running those campaigns in the future.
The report explains that simple payback can offer only a cursory view of initial costs and preliminary savings.
Across Staffordshire and the West Midlands, over 454,940 hours of Community Payback were completed last year by over 3,400 offenders on a community sentence.
Channel partners can decide on various slabs to redeem their points and gain a superior programme experience through the dedicated call centre and online gift redemption services of PAYBACK.
Community payback benefits local people by completing work which may not have been possible otherwise.
Last year, across Coventry and Warwickshire, offenders sentenced in court to Community Payback did over 110,000 hours of unpaid work.