Examples of Payback Period in a sentence
The Loan amount will be determined by the lesser of: 1) multiplying the annual energy cost savings by [Insert Maximum Simple Payback Period]; 2) total Project costs; or 3) approved Loan amount.
It is the sum of the annual operation and maintenance cost plus the project’s investment cost annuity estimated with the Payback Period and Readjustment Rate defined in subparagraphs d) and e) of section 8.1 in the Contract.
The sum of the annual operation and maintenance cost plus the Project’s expenditure cost annuity estimated with the Payback Period and Adjustment Rate defined in Items c) and d) of Point 8.1.
Related to the concept of NPV are the Payback Period and Internal Rate of Return (IRR).
The Payback Period is specified as the number of years for the NPV to become positive – that is, the number of years for initial investment to be recuperated or paid back with discounted cash inflows.