Payback Period

The length of time required to recover the cost of an investment. The payback period of a given investment or project is an important determinant of whether to undertake the position or project, as longer payback periods are typically not desirable for investment positions. Source: Term of the Day .....

US considers targeting North Korean missiles

As tensions continue to ratchet up with North Korea, CNN has learned that the US is considering shooting down a North Korean ballistic missile even if it does not directly threaten the US or its allies. Source: CNN .....