chargeback

[ chahrj-bak ]
/ ˈtʃɑrdʒˌbæk /

noun

Banking. a debit to a depositor's account for an item that has been previously credited, as for a returned bad check.

Origin of chargeback

British Dictionary definitions for chargeback

chargeback
/ (ˈtʃɑːdʒˌbæk) /

noun

the return of funds by a seller to a buyer's debit or credit card account