Meaning of billback | Babel Free

Definitions

The process of charging the client for a portion of the cost of resources that the client has used in order to recover the capital expense.

countable, uncountable

Examples

“Take greater advantage of opportunities to recover costs through billback agreements, which allow the Government to make warrantied repairs and obtain reimbursement from the manufacturer when it is impracticable to return trucks to an authorized dealer.”

“Please explain the procedure you have established to determine which headquarters activities will be funded through billbacks to the district offices.”

CEFR level