chargeback

[ chahrj-bak ]

/ ˈtʃɑrdʒˌbæk /

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noun

Banking. a debit to a depositor's account for an item that has been previously credited, as for a returned bad check.

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Origin of chargeback

charge + back²

Words nearby chargeback

chargeable, chargeable asset, chargeable transfer, charge account, charge-a-plate, chargeback, charge-cap, charge card, charge carrier, charge conjugation, charge-coupled device

How to use chargeback in a sentence

The law allows consumers to file for chargebacks on credit card charges for goods and services that buyers didn’t accept or that weren’t delivered as agreed.
What consumers learned about travel complaints in 2020|Christopher Elliott|December 2, 2020|Washington Post

British Dictionary definitions for chargeback

chargeback

/ (ˈtʃɑːdʒˌbæk) /

noun

the return of funds by a seller to a buyer's debit or credit card account

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012