Definition of payback period in English:

payback period

Syllabification: pay·back pe·ri·od

noun

  • The length of time required for an investment to recover its initial outlay in terms of profits or savings.
    More example sentences
    • Getting any train operator on board for such investment would require a payback period possible in only a very long franchise.
    • The analyst first investigated the payback period, which was defined as the length of time required to recover the cost of an investment.
    • The payback period for investments in alternative energy sources is long.

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Word of the day skosh
Pronunciation: skəʊʃ
noun
a small amount; a little