Discounted payback period
Discounted payback period is the number of years it takes a firm to recover its project investment based on discounted cash flows.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Discounted payback period. The number of years it takes a firm to recover its project investment based on discounted cash flows.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
