chargebacks

Noun

chargeback (countable and uncountable, plural chargebacks)

1. A reversal of an accounting entry, especially of a disputed credit card transaction.
2. 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