Simple Definition of payback
: punishment for something that was done in the past
: an amount of money that you receive after investing in something and that is equal to or greater than the amount of money that you originally invested
: the amount of time that passes before invested money is returned or before money that is owed is paid
Full Definition of payback
1 : requital
2 : a return on an investment equal to the original capital outlay; also : the period of time elapsed before an investment is recouped
Examples of payback in a sentence
They beat our team last year, so we've got to beat them this year as payback.
<we are hoping to get payback for the humiliating defeat we suffered at the hands of our rivals during our last matchup>
First Known Use of payback
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