0 the amount of time it takes to get back the amount of money originally invested in something
1 the time taken to get back the amount originally invested in something:
Profitability studies have shown that it is not unusual that robots have a payback period as short as 1-2 years.
Since the new building will have a metered water supply there is likely to be an economic payback period of around 15-20 years for this system.
There is no minimum rate of return but, at present, the majority of schemes have a payback period of up to five years.
The typical payback period for photovoltaic installations is 50–100 years.
They represent a long-term investment, with a long-term payback period and an annual income per vehicle that is extremely sensitive to the cost of overheads.
Capital costs are higher and the payback period is longer, and the per unit costs of power are therefore generally greater.
The rest of the savings, perhaps just over half, require investments with a relatively short payback period.
The operator provides the money up front, but the payback period is very considerable and that is a constraint on future public expenditure.
