pay-back

payback

[pey-bak]
noun
1.
the period of time required to recoup a capital investment.
2.
the return on an investment: a payback of 15 percent tax-free.
3.
the act or fact of paying back; repayment.
4.
something done in retaliation: a really vicious payback for years of being snubbed.

Origin:
1955–60; noun use of verb phrase pay back

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To pay-back
Etymonline
Word Origin & History

payback
1959, "net return on profits from an investment," from pay (v.) + back. Meaning "revenge" is attested from 1970.
Online Etymology Dictionary, © 2010 Douglas Harper
Cite This Source
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature