What is the meaning of Payback period (PBP)?

Payback period (PBP) is the period of time required for the cumulative expected cash flows from an investment project to equal the initial cash outflow.

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APABarry Goldsmith. (2010). payback period (pbp). Retrieved September 24, 2026, from http://smartdefine.org/payback_period_(pbp)/definitions/1160289
ChicagoBarry Goldsmith. 2010. "payback period (pbp)" http://smartdefine.org/payback_period_(pbp)/definitions/1160289 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, payback period (pbp), Smart Define, viewed 24 September, 2026, <http://smartdefine.org/payback_period_(pbp)/definitions/1160289>.
MLABarry Goldsmith. "payback period (pbp)" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/payback_period_(pbp)/definitions/1160289>