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Definition of Payback
1. Noun. Financial return or reward (especially returns equal to the initial investment).
2. Noun. The act of taking revenge (harming someone in retaliation for something harmful that they have done) especially in the next life. "The swiftness of divine retribution"
Generic synonyms: Retaliation, Revenge
Derivative terms: Pay Back
Definition of Payback
1. Noun. An act of revenge. ¹
2. Noun. A form of recompense. ¹
¹ Source: wiktionary.com
Definition of Payback
1. a return on an investment equal to the original capital outlay [n -S]
Lexicographical Neighbors of Payback
Literary usage of Payback
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Power to Choose: Demand Response in Liberalised Electricity Markets by International Energy Agency (2003)
"Investment Analysis and the payback Gap lnvestment in the demand-side is often
considered to be impeded by a "payback gap". This is a reference to the gap ..."
2. World Energy Outlook 2006 by International Energy Agency (2006)
"The payback time of the policies included in the Alternative Policy Scenario is
... payback times of about two years can be achieved in commercial lighting ..."
3. Light's Labour's Lost: Policies for Energy-Efficient Lighting by Paul Waide, Satoshi Tanishima, International Energy Agency (2006)
"If the price of CFLs is EUR 10 each the payback time to the end-user will be 2.4
years at the tariff of EUR 0.1033/kWh, but if the price falls to half this ..."
4. Creating Markets for Energy Technologies by International Energy Agency (2003)
"Another is the use of a short payback period as a purchase criterion, ...
Table 6.1 illustrates the effect of using a payback period that is shorter than ..."
5. On-Site Waste Ink Recycling (1994)
"payback period (in years) = _ (Purchase Cost) _ (Annual Reduction in Operating
Cost) + (Annual Value of Recycled Product) The purchased cost of the unit is ..."