Học từ vựng | Vocabulary learning |payback period
payback period ()
/ˈpeɪ.bæk ˌpɪr.i.əd/
/ˈpeɪ.bæk ˌpɪə.ri.əd/
the period of time needed to get back the cost of an investment
The payback period for space projects is very long.
Investors often analyze the payback period to assess the profitability of a project.
The payback period is a critical factor in financial decision-making.
Shorter payback periods are generally more favorable in investment scenarios.
