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English definition of “payback”


noun [C usually sing] (MONEY RETURN)   /ˈpeɪˌbæk/
the activity of giving money that is owed , or of getting back something for money spent : He'll have a 20-year payback on his investment , and the improvements should last another 20 years after that.
(Definition of payback noun (MONEY RETURN) from the Cambridge Academic Content Dictionary © Cambridge University Press)
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