Payback period

(redirected from Repayment Periods)
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 ?
30pm to midnight, for the duration of Ramadan, to answer customer queries about Markabati, advise them on the flexible payment plans, help them choose the repayment period that best suits their circumstances, and steer them through the fast-track application process to instant on-the-spot approval.
5 per cent -- according to the borrower's own contribution -- repayment periods up to ten years, a 12-month grace period, and one or two creditworthy guarantors.
5 percent, the repayment period 5 years and the grace period one year for investment projects.
Graduates face a "triple whammy" of more debt, higher interest rates and longer repayment periods if proposals to raise tuition fees are adopted, according to a study
Lending banks have agreed to prolong repayment periods for loans issued to Seventh Continent's core owner, Alexander Zanadvorov, against collateral of the retail chain's securities.
With amounts of up to AED2m and extended repayment periods, we are confident that this programme will be very well received by the Emirati Society and will assist them in their growth and development both on a professional and personal level,' he said.
With amounts of up to Dh2 million and extended repayment periods, we are confident that this program will be very well received by the Emirati Society and will assist them in their growth and development both on a professional and personal level,' he added.
The Scottish Arts Council suggested the plan as they believe that small publishers are afraid of 'commercial' loans and should be offered loans at reduced rates over long repayment periods.
NORTHERN Rock has fixed-rate mortgages from 10 to 15 years - and repayment periods up to 35 years will also help cash-strapped purchasers.
The loans include the ability to redraw overpayments, alter repayment periods and pay less by calculating interest daily.
The accord signed by German ambassador Reinhold Huber and Cuban Central Bank Vice-President Sergio Plasencia foresaw repayment periods of up to 21 years, but it gave no precise details.