American English

Definition of payback noun from the Oxford Advanced American Dictionary



    [countable, uncountable]
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  1. 1the money that you receive back on money that you have invested (especially when this is equal to the amount that you invested to start with); the time that it takes to get your money back a 10-year payback
  2. 2the advantage or reward that someone receives for something they have done; the act of paying something back His victory was seen as payback for all the hard work he'd put in during training. (informal) It's payback time! (= a person will have to suffer for what they have done)
See the Oxford Advanced Learner's Dictionary entry: payback