Chargeback
nounid
1799·updated May 9, 2026candidate
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.
Classifications
Entity Type
Event85%llm-generatedllm:claude-haiku-4-5
Sensitivity
Regulated90%llm-generatedllm:claude-haiku-4-5
Information Class
Pci85%llm-generatedllm:claude-haiku-4-5
Variants
- synonym
- charge back
- plural
- Chargebacks
- possessive
- Chargeback's
- pluralpossessive
- Chargebacks'
Framework definitions
- §1
- The charge a credit card merchant pays to a customer after the customer successfully disputes an item on his or her credit card statement.
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- 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.
Outgoing relationships
No outgoing triples
This term is not the subject of any RDF-style relationship yet.
Incoming relationships
No incoming triples
No other term currently asserts a relationship to this one.