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payback

[pey-bak] /ˈpeɪˌbæk/
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
1955-1960
1955-60; noun use of verb phrase pay back
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for payback
  • Managers are reluctant to invest in efficiency unless the return is high and the payback time is short.
  • The paper you sign says if you don't return, you payback some portion of your salary.
  • The advantages are twofold: short-term income and a larger payback over the long term.
  • Of course, the payback will be faster if the global price of oil increases.
  • The uranium could well become the big payback of dismantlement.
  • The benefit of this long-term approach is that you'll get more of a payback.
  • In economics terms, this is similar to the payback time for an investment.
  • The cost of technology over time does have tremendous payback.
  • The payback for the consumer is they pay more but get a product that lasts longer.
  • We can adjust the payback rate for more distant events.
British Dictionary definitions for payback

pay back

verb (transitive, adverb)
1.
to retaliate against to pay someone back for an insult
2.
to give or do (something equivalent) in return for a favour, insult, etc
3.
to repay (a loan)
noun
4.
  1. the return on an investment
  2. Also called payback period. the time taken for a project to cover its outlay
5.
  1. something done in order to gain revenge
  2. (as modifier) payback killings
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for payback
n.

also pay-back, 1946, "net return on profits from an investment," from pay (v.) + back (adj.). Meaning "revenge" is attested from 1957.

Online Etymology Dictionary, © 2010 Douglas Harper
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Slang definitions & phrases for payback

payback

noun

Revenge; retaliation: Payback is the idiom of East Africa, but the rule is that innocents always get hurt (1970+)


The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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