Meaning of chargeback | Babel Free

Definitions

1. A reversal of an accounting entry, especially of a disputed credit-card transaction.
   countable, uncountable
2. The charging of the cost of business resources to the departments that use them.
   countable, uncountable

Equivalents

Examples

“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.”

CEFR level