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What does payback mean?

Looking for the meaning or definition of the word payback? Here's what it means.

Noun
  1. (uncountable) An act of revenge.
  2. (countable) A form of recompense.
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Examples
Unlike some, I do not think this public mess is a karmic payback for the actor's failure to indulge the press.
Now I have to go and intimidate Mr Mills for a while as payback for his flippant remark.
That large avoided cost was not included in the payback analysis for the chiller changeout, yielding an unacceptably long payback period.
Staff involved in the scam would have helped customers win using a subtle system of signs and then taken a payback from their winnings.
Michael loaded the rest in the boot and got inside, just in case she decided to loose the beast as payback.
But even with the short payback, such games are almost always a better gamble than the reel slots.

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