"Year payback" refers to the amount of time it takes to recover or recoup the investment or cost incurred within a year.
Sentences with «year payback»
Though it's earmarked for retirement, the government allows you to take money from your RRSP penalty - free to buy your first house or fund your education, as long as you return the money into your account over the course of a fifteen year payback period. (wealthsimple.com)
Though it's earmarked for retirement, the government allows you to take money from your RRSP penalty - free to buy your first house or fund your education, as long as you return the money into your account over the course of a fifteen year payback period. (wealthsimple.com)
Banks will often agree to non-interest bearing terms and a 3 to 15 - year payback of principal. (wellingtonfloridashortsales.com)