Payback

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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 ?
The recycling of printed circuit assemblies, subassemblies, mechanical hardware, components and solder may result in a payback for the metals extracted and refined.
On the other hand, Alibis and Payback have said that they take care to avoid false accusations, to a point.
Energy conservation can also include upgrading chillers, motors and air conditioners, which typically have payback periods of less than three years.
At present, Wasser says the payback was for union employees only.
It is the government of privileged access and payback.
The payback, scheduled for May, is being arranged through a share split, which will give each shareholder five ordinary shares and one capital share, which can be redeemed for cash.
The rebate amounts are so substantial that in some cases the amount of the rebate can reduce the payback period to less than one year.