What does ChargeBack mean?
Definitions for ChargeBack
charge·back
This dictionary definitions page includes all the possible meanings, example usage and translations of the word ChargeBack.
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Wiktionary
chargebacknoun
A reversal of an accounting entry, especially of a disputed credit-card transaction.
Wikipedia
Chargeback
A chargeback is a return of money to a payer of a transaction, especially a credit card transaction. Most commonly the payer is a consumer. The chargeback reverses a money transfer from the consumer's bank account, line of credit, or credit card. The chargeback is ordered by the bank that issued the consumer's payment card. In the distribution industry, a chargeback occurs when the supplier sells a product at a higher price to the distributor than the price they have set with the end user. The distributor submits a chargeback to the supplier so they can recover the money lost in the transaction.
Wikidata
Chargeback
Chargeback is the return of funds to a consumer, forcibly initiated by the issuing bank of the instrument used by a consumer to settle a debt. Specifically, it is the reversal of a prior outbound transfer of funds from a consumer's bank account, line of credit, or credit card. Chargebacks also occur in the distribution industry. This type of chargeback occurs when the supplier sells a product at a higher price to the distributor than the price they have set with the end user. The distributor then submits a chargeback to the supplier so they can recover the money lost in the transaction.
Numerology
Chaldean Numerology
The numerical value of ChargeBack in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of ChargeBack in Pythagorean Numerology is: 5
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Translations for ChargeBack
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"ChargeBack." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/ChargeBack>.
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