chargeback

Noun

Meaning

chargeback (countable and uncountable, plural chargebacks)

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

Source: en.wiktionary.org

Related terms

uncharged free of charge

Examples

A chargeback ratio can be calculated by taking the number of chargebacks received for a given time frame and dividing that number by the total number of sales transactions processed in that given time. Source: Internet

A CP dispute produced a chargeback value that was 73.5% larger than a CNP dispute. Source: Internet

All other reason code categories showed the average chargeback value earning a margin that ranged from 7.44% to 12.09% over its respective merchant loss. Source: Internet

Alternatively, you can also provide an assertion that the chargeback was invalid because the issuer's supporting documentation was not sufficient to substantiate a claim against you. Source: Internet

An improperly filed chargeback response can be the deciding factor of whether you are liable to chargeback the cardholder’s dispute. Source: Internet

Data Entry SpecialistData Entry Specialists are responsible for completing data entry tasks into our internal chargeback management system. Source: Internet

Close letter words and terms

chargeableness chargeably chargeant chargecard charged charged beam