Payback period

(redirected from Repayment Period)
Also found in: Financial.

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 ?
5 per cent for government and semi government employees, with a maximum repayment period of ten years for new vehicles and seven years for used ones.
Clients can also reduce installments' value through extending the repayment period.
Moreover, the agreed repayment period is for two years which does not exceed the seven years statutory period.
He added, "OAB's Markabati Auto Loans are already one of Oman's preferred options for finance on new and pre-owned vehicles thanks to their flexibility, the hassle-free and quick application process, and extended repayment periods.
75 (depending on own contribution), and a 12-year repayment period.
The scheme, which will benefit customers looking to purchase residential buildings, office space, warehouses, retail shops or labour camps, offers finance up to Dh15 million at attractive profit rates for a repayment period of up to 15 years, the bank said.
The total amount of the single loan provided by OAB can be up to a maximum of OMR60,000, while repayment period is up to 25 years.
Environmental Protection Agency's (EPA) integrated planning framework and extend permit terms up to 25 years for communities with approved integrated plans, require EPA to broaden its financial capability determinations, extend the repayment period to up to 30 years for Clean Water State Revolving Fund (CWS-RF) investments, authorize additional subsidization such as principal forgiveness for communities that meet the affordability criteria, and ensure that small communities receive a portion of available funding under the CWSRF.
The loan would be granted at a low interest rate and with a 20-30 years' repayment period.
The Daily Times reports that the programme titled 'Extended Fund Facility' (EFF) has a repayment period of 10 years, with first four years being grace period without any repayment.
Extending the repayment period from 15 to 30 years would reduce the repayments allowing the Government to ease up on the austerity.
70%, until the end of the loan repayment period of two of the tranches and SAIBOR + 0.