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English definition of “payback”

payback

noun [C or U]
 
 
/ˈpeɪbæk/
FINANCE the profit received from an investment or the time that it takes to receive the same amount that was invested: Shareholders are awaiting a cash payback from the deal.a payback on sth You should have a 20-year payback on your investment in solar panels.
an advantage that you get from something: payback for sth The payback for reorganization should be increased productivity.
payback time a situation in which someone will have to suffer for the way that they have behaved in the past: The union has been treated very badly, and now it's payback time, and strike action will go ahead.
(Definition of payback from the Cambridge Business English Dictionary © Cambridge University Press)
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