Chargeback

Word CHARGEBACK
Character 10
Hyphenation N/A
Pronunciations N/A

Definitions and meanings of "Chargeback"

What do we mean by chargeback?

A reversal of an accounting entry, especially of a disputed credit-card transaction.

A Drinking Accounting term If you carry a buzz over to the morning from drinking the night before, any drinks that you consume while still carrying that buzz can be assigned to the previous day. Urban Dictionary

A bank-initiated payment reversal that is the result of credit card fraud or a consumer successfully disputing a transaction on their credit card statement. Chargebacks are automatically filed by banks when your credit card is stolen to reverse unauthorized charges, and can be filed by consumers under certain conditions, mainly when an item received is defective or never arrives; and that multiple attempts to settle the issue with the merchant have failed. A merchant that receives too many chargebacks will have their merchant account closed by the bank, and will be banned from accepting credit cards for 5 years. Urban Dictionary

When a person charges back a purchase made on anything. Urban Dictionary

Synonyms and Antonyms for Chargeback

  • Synonyms for chargeback
  • Chargeback synonyms not found!!!
  • Antonyms for chargeback
  • Chargeback antonyms not found!

The word "chargeback" in example sentences

In the event that a chargeback is placed or threatened on a purchase, we also reserve the right to report the incident for inclusion in chargeback abuser database (s) of our choosing and in our sole discretion. ❋ Unknown (2008)

If your chargeback is upheld, you agree to pay all of the same costs, in addition to the original purchase price, but we will use the dispute resolution procedures below to confirm and collect such amounts. ❋ Unknown (2008)

It's pretty clear and to the point, and it threatens a chargeback, which is a good way to let a company know you're informed and serious. ❋ Unknown (2007)

A chargeback occurs when a customer disputes a credit card charge on their bill. ❋ Mark Baggett (2010)

Section 75 does not apply to debt cards, although Visa debt cards are protected under what is known as a chargeback scheme.

- the idea of chargeback: if the IT manager is sufficiently au fait with who is using what, this offers the opportunity to at least tell different parts of the business how much its IT is costing, even if no money actually changes hands. ❋ Unknown (2009)

When an item is paid for by credit card, the card issuer is jointly liable for the failure to provide goods or services, whereas those who pay with a debit card may be able to ask for their money back under the "chargeback" facility. ❋ Rupert Jones (2010)

Disputing a credit card charge by asking for a "chargeback" can lead to being put on a blacklist that merchants can check for customers who might try to defraud them. ❋ Unknown (2010)

Paintball Punks' bank account in what's known as a "chargeback" and recouped the money from the bogus transactions. ❋ Unknown (2010)

Harrapin said the software comes loaded with 'chargeback' reporting to allow resources to easily be billed out to users. ❋ Unknown (2009)

A dispute over the legality of taxes levied on Native American-owned land may land Bayfield County and the Town of Russell in court over the issue of whether the county should "chargeback" revenues it made good based on tax rolls provided by the Town. ❋ Unknown (2009)

If the retailer can't produce the receipt, the card companies issue a "chargeback" and the amount of money in question is deducted from the retailer's account, even if the transaction was legitimate.

Rules-based process automation - Reduces processing time by automating activities such as chargeback and retrieval code validation, duplicate checks, timeliness validation, as well as automatic write-off of merchant liability.

These developments include advanced risk management features such as chargeback tracking and reporting tool Chargeback Lookout; and Fraud Barricade, a fully customizable, ❋ Unknown (2009)

The average enterprise has a number of business process issues (such as chargeback) to resolve before adopting an internal cloud model. ❋ Unknown (2009)

- When a customer requests a refund (or the customer's credit card issuer requests a refund), merchant account providers typically charge a "chargeback" fee. ❋ Unknown (2009)

I haven't [drank] anything today but I had 6 chargebacks [this morning]. ❋ BigOtter (2006)

Henry was scammed by an online vendor, having placed an order that never arrived. After multiple unsuccessful attempts to receive a refund for [the merchandise]; he called his credit card company and [filed] a [chargeback]. ❋ HLDelta (2021)

[Eric] has Chargebacked on their [purchase] ❋ Luis Dignity (2022)

Cross Reference for Chargeback

  • Chargeback cross reference not found!

What does chargeback mean?

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