Payback period

(redirected from Loan Period)
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payback period

[′pā‚bak ‚pir·ē·əd]
(industrial engineering)
The amount of time required for achieving an amount in profits to offset the cost of a capital expenditure, such as the cost of investment in modifications in an industrial facility for the purpose of conserving energy.

Payback period

A popular nondiscounting project selection technique used when organizations require the capital investment of a project to be recovered within a specified period; the period it takes for the stream of net cash flows to equal the initial investment. Also, a term used in the evaluation of sustainable and renewable energy options, wherein greenhouse or greenhouse intensive energy savings that the technology may enable over its useful life are assessed in relation to the embodied energy required for its manufacture. For renewable energy systems, it can also refer to the period of time over which energy cost savings derived from accessing renewable energy offset the upfront capital costs of the system.
References in periodicals archive ?
Loan period 120 months from the date of signing the contract.
Henen's loan period officially ends today and his permanent signing could be done tomorrow.
We got to know him well from his loan period, not only as such a talented player but also his great character.
We got to know him really well from his loan period, not only as such a talented player but also his great character.
Deputy Head of the National Bank Kuat Kozhakhmetov explained that refinancing will be carried out via issuance of a new loan on the conditions of lower interest rates, as well as via changes in the currency of the loan and/or increase in the loan period.
The club have also extended Amadou Bakayoko's loan period from Walsall until February 21.
Celtic'striker Amido Balde's proposed loan move to former club Vitoria Guimaraes has fallen through neither club wants to pay his salary during the loan period.
If it is going to be any longer than two or three months then the loan period is over," said Everton manager Roberto Martinez.
MOANS over a cut in the loan period for books topped the list of complaints at Birmingham's new library.
However, the Wasps boss won't be extending the loan period of 19-year-old Aberdeen striker Declan McManus.
He will need a loan period because he needs to get games, he needs to go and get the environment and get playing.
The Dubliner, 20, spent last season on loan to Hull City as a winger but Ferguson has promised him the chance to make his mark on this pre-season tour to South Africa and the Far East before deciding whether to extend his loan period with the Tigers.