Payback (noun) Definition, Meaning & Examples

noun
  1. the period of time required to recoup a capital investment.
  2. the return on an investment: This fund yields a payback of 15 percent tax-free.
  3. the act or fact of paying back; repayment.
  4. something done in retaliation: Excluding them from her wedding was a vicious payback for years of being snubbed.
verb phrase pay back [pey-bak] /ˈpeɪ ˈbæk/ .
    • to repay or return; pay off: Graduates from this program are successfully paying back their student loans.
    • to retaliate against or punish: She paid us back by refusing the invitation.
    • to requite.
verb (tr, adverb)
  1. to retaliate against
  2. to give or do (something equivalent) in return for a favour, insult, etc
  3. to repay (a loan)
noun payback
    • the return on an investment
    • the time taken for a project to cover its outlay
    • something done in order to gain revenge
    • (as modifier)
Payback (noun) Definition, Meaning & Examples

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