Definition of payback noun from the Oxford Advanced Learner's Dictionary



    BrE BrE//ˈpeɪbæk//
    ; NAmE NAmE//ˈpeɪbæk//
    [countable, uncountable]
    jump to other results
  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 There’s a 25-year payback period, which will discourage most investors.
  2. 2the advantage or reward that somebody 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 American Dictionary entry: payback