payback

[ pey-bak ]
/ ˈpeɪˌbæk /

noun

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.

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Origin of payback

First recorded in 1955–60; noun use of verb phrase pay back
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

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