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Payback Method

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Routledge Dictionary of Economics, Second Edition

payback method (M2)

A method of INVESTMENT APPRAISAL that assesses a project by the length of time needed to repay that investment by its earnings. As a method, it has been criticized for bias against some projects which necessarily will yield earnings only in the long run.

This is the complete article, containing 46 words (approx. 1 page at 300 words per page).

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Payback Method from Routledge Dictionary of Economics, Second Edition. ISBN: 0-203-00054-4. Published: 2005–06–05. ©2009 Taylor and Francis. All rights reserved.



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