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payback period

 
Sci-Tech Dictionary: payback period
(′pā′bak ′pir·ē·əd)

(industrial engineering) The amount of time required for achieving an amount in profits to offset the cost of a capital expenditure, such as the cost of investment in modifications in an industrial facility for the purpose of conserving energy.


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Dental Dictionary: payback period
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n

The length of time required for the net revenues of an investment to return the cost of the investment.

 
 

 

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Sci-Tech Dictionary. McGraw-Hill Dictionary of Scientific and Technical Terms. Copyright © 2003, 1994, 1989, 1984, 1978, 1976, 1974 by McGraw-Hill Companies, Inc. All rights reserved.  Read more
Dental Dictionary. Mosby's Dental Dictionary. Copyright © 2004 by Elsevier, Inc. All rights reserved.  Read more