Skip to main content
chargeback

chargeback

1 4.8
A return of payment to a customer after a disputed payment or mistake
  • noun
  • /ˈtʃɑrdʒˌbæk/
  • Specialized
translation icon : devolución
  • Virtual goods trading is arguably a perfect market for Bitcoin; with digital goods, traditional methods of payment offer no protection from chargebacks.

And this idea that you charge these people higher rates because of supposed chargebacks on credit cards, even if their chargebacks are low.

Autoplay Next

Examples

  • Many consumers are unaware that they have the right to request a chargeback for purchases they did not authorize.

  • If they a take a credit card, there might be a chargeback, there might be fraudulent purchases.

  • Go immediately to your PayPal account and request a chargeback; call your bank and request a refund.

    Blog text (1)
  • From educating business owners on how to prevent fraud and chargebacks to explaining some of the most common credit card processing problems, Instabill provides excellent solutions and expert support.

    Blog text (26)
  • If you believe there was an error in your transaction, you can request a chargeback through your bank.

  • After disputing an unauthorized transaction, I successfully received a chargeback from my credit card company.

Synonyms

reimbursement
vschargeback
49 4.0

Money paid back to someone for costs they paid

is a payment reversal after a dispute or error rather than expense compensation
repayment
vschargeback
34 2.9

Money you return after you borrowed it

is a payment reversal after a dispute or error, not returning borrowed money
to refund
vschargeback
27 1.5

To pay back money to someone who is unhappy or paid too much

is a payment reversal that returns money after a dispute or error
full refund
vschargeback
7 1.8

A complete return of the money you paid for something

may reverse only part of a payment instead of returning everything
clawback
vschargeback
  • Specialized
2 8.8

To take back money already paid, often by law

is a payment reversal after a dispute or error rather than a legal reclaim
giveback
vschargeback
  • Jargon
1 5.0

A payment returned to customers as a reward

is a payment reversal after a dispute or error, not a voluntary reward
recoupment
vschargeback
  • Formal
1 7.7

To get back money that you lost or paid out

focuses on reversing a payment after a dispute or mistake, not general recovery

Surface Forms

chargeback singular
chargebacks plural

Morphology

chargeback = charge (transparent) = back + charge

The noun denotes the action/result of 'charging' being returned; the components directly signal the meaning for learners. [Postprocessing: moved 'back' from base_words to prefix]

Etymology

Chargeback comes from putting charge ('a cost or bill') and back ('return') together, which gives a clear image of money being sent back. So a chargeback is when a bank or card company reverses a payment and returns the money after a dispute or error.