HomeDefinitionsCompareDebt PaybackThe financial definition for Payback:The length of time it takes to recover the initial cost of a project, without regard to the time value of money. Similar MatchesDiscounted paybackDiscounted paybackThe length of time needed to recoup the present value of an investment. Discounted payback period ruleDiscounted payback period ruleAn investment decision rule in which cash flows are discounted at an interest rate and one determines how long it takes for the sum of the discounted cash flows to equal the initial investment. Click to compare definitions of Payback Click to view definitions beginning pa |