Business Terms and Jargon Explained

What is Chargeback

When retailers accepting payments via credit cards and the card is stolen, the real card holder does not lose out as there is protection given by the credit card companies. The credit card companies will chargeback the funds from the retailer if the customer follows their procedures.

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Free Circulation Acquirer Payout Period
Kwanza Conglomerate Personal Rights
Sweat equity Warrant of distress Not negotiable
Audit Report Best Judgement Assessment Indictment
Liquidity Directors Quorum
Gross interest Interest rate risk Zero Growth
Contingent liabilities TANGO Par delictum
Job-ready Compensation BTW
Memorandum of Understanding National debt Garage Sale
Au fait Deregistration Credit-Worthiness
Tainted acquittal Corporate Culture Unicameral
Market share Pseudonymous Grey market
Kilowatt hours (kWh) Consideration Global Accounting

Term created / updated 2019-07-02 10:15:08

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