Chargeback

nounverified·updated May 9, 2026

GlossaryL1 — what DictionaryL2 — how used ThesaurusL3 — relations Universaleverything

A transaction generated when a cardholder disputes a transaction or when the merchant does not follow bankcard company procedures. The issuer and acquirer research the facts to determine which party is responsible for the transaction. If the merchant is unable to pay, the acquirer will have to cover the chargeback.

Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary

Senses

1 more sense beyond the canonical

FFIEC IT Examination Handbook - Audit, April 2012

The charge a credit card merchant pays to a customer after the customer successfully disputes an item on his or her credit card statement.

Classifications

per-axis with provenance

Entity Type

Event85%llm-generatedllm:claude-haiku-4-5

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Sensitivity

Regulated90%llm-generatedllm:claude-haiku-4-5

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Information Class

Pci85%llm-generatedllm:claude-haiku-4-5

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Variants

4 surface forms

synonym: charge back
plural: Chargebacks
possessive: Chargeback's
pluralpossessive: Chargebacks'

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