the period of time required to recoup a capital investment.
the return on an investment:
a payback of 15 percent tax-free.
the act or fact of paying back; repayment.
something done in retaliation:
a really vicious payback for years of being snubbed.
also pay-back, 1946, “net return on profits from an investment,” from pay (v.) + back (adj.). Meaning “revenge” is attested from 1957.
Revenge; retaliation: Payback is the idiom of East Africa, but the rule is that innocents always get hurt (1970+)
- Payback time
noun a time for revenge or retaliation; an occasion for repayment in kind for a deed Examples He left his wife and child. Now it’s payback time. Usage Note informal
- Pay bed
noun 1. an informal name for amenity bed, private pay bed
[pey-boks] /ˈpeɪˌbɒks/ noun, British. 1. (def 1).
noun 1. .