chargeback
chargeback noun: a reversal of an accounting entry, especially of a disputed credit card transaction.
Noun
chargeback (countable and uncountable, plural chargebacks)
- A reversal of an accounting entry, especially of a disputed credit card transaction.
- The charging of the cost of business resources to the departments, divisions, or projects that use them (that is, to specific cost centers).
- An effective way to build accountability is to charge back workers' compensation costs to each department. Usually the costs are sufficiently high to provide incentive and the chargeback places these costs into the regular system of accountability.2006, Dan MacLeod, The Ergonomics Kit for General Industry, page 121
Forms of chargeback
| plural | chargebacks |
|---|
Origin of chargeback
Deverbal from charge back.
Questions about chargeback
- What does chargeback mean?
- Chargeback means a reversal of an accounting entry, especially of a disputed credit card transaction.
- What part of speech is chargeback?
- Chargeback is a noun.
- What is the plural of chargeback?
- The plural of chargeback is chargebacks.
Words near chargeback in the dictionary
Source and license
Adapted from Wiktionary: chargeback (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “chargeback.” Word.ws, https://word.ws/chargeback. Based on Wiktionary, CC BY-SA 4.0.