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chargeback

[ chahrj-bak ]

noun

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


chargeback

/ ˈtʃɑːdʒˌbæk /

noun

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


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Word History and Origins

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Example Sentences

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.

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axolotl

[ak-suh-lot-l ]

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