chargeback

[chahrj-bak]

noun

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

Origin of chargeback

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


British Dictionary definitions for chargeback

chargeback

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