What is the meaning of Payback?

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

Barry Goldsmith
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APABarry Goldsmith. (2010). payback. Retrieved September 21, 2026, from http://smartdefine.org/payback/definitions/1160287
ChicagoBarry Goldsmith. 2010. "payback" http://smartdefine.org/payback/definitions/1160287 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, payback, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/payback/definitions/1160287>.
MLABarry Goldsmith. "payback" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/payback/definitions/1160287>
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