**Cash payback period, **

### Definition of Cash payback period:

Number of months or years estimated to be taken for a full capital recovery from an investment.

The length of time required for an investment to recover its initial outlay in terms of profits or savings.

### How to use Cash payback period in a sentence?

- If insulation costs £110 and saves £55 a year, its payback period would be two years.

Meaning of Cash payback period & Cash payback period Definition