Chargeback definitions

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Chargeback

Chargeback logo #21000 Chargeback is the return of funds to a consumer, mainly used in the United States, 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 distri....
Found on http://en.wikipedia.org/wiki/Chargeback

chargeback

chargeback logo #20108A manufacturer's bill to a retailer if the retailer fails to meet stated performance requirements.
Found on http://www.encyclo.co.uk/local/20108

chargeback

chargeback logo #21199a debit to a depositor's account for an item that has been previously credited, as for a returned bad check.
Found on https://www.infoplease.com/dictionary/chargeback
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