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 ?
Bankers said that the stress in the agricultural sector calls for longer repayment periods for loans under the Kisan Credit Card (KCC) scheme, from 12 months to 36 or 48 months.
Construction loans carry a 20-year repayment period, while loans for planning and design carry shorter repayment periods.
The prime minister said there should be allowances made for repayment periods or interest waivers until the difficulties of farmers are reduced.
Compared to the PAG-IBIG Fund however, banks require shorter repayment periods. While there are banks that can provide clients up to 25 years for repayment, the interest rates would be greater.
By harnessing this technology, CashOnCell said it aims to remove all of the pain points in current micro lending including demanding repayment periods, crippling fees, and the requirement of a borrower's physical presence in a retail location.
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. And thanks to partnerships with major automobile agencies we ensure the best deals for our customers at all times as well as exclusive discounts at a range of car care centers.
The 'Sunflower Home' scheme offers interest rates ranging from 4.25 to 4.95 per cent (with and without collateral, respectively) for loans up to e1/46,000, repayment periods up to seven years, and a six-month grace period.
Payday lenders issue two loans or more with two-week repayment periods, each with fees of up to S23 per $100 loaned.
The credits for working capital will be approved at an identical interest rate yet shorter grace and repayment periods. The credits are primarily intended for small and medium businesses with 250 employees at the most.
Summary: Graduates face "triple whammy" of debt, higher interest rates and longer repayment periods if proposals to raise tuition fees go ahead.
Seventh Continent's core owner, Alexander Zanadvorov has made arrangements with banks for the extension of loan repayment periods. We are neutral about the news, but do not exclude that it may lend some short-term support to the retail chain's stock valuations.
The product is designed to provide flexible and long-term repayment periods of up to 30 years.