discounted payback period

discounted payback period definition - business

discounted payback period

The time required for an investment's discounted cash flows to cover the initial outlay required. The shorter the discounted payback period, the more desirable the investment.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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