Contextualizebeta

friendly fraud

noun

Definitions

  1. A type of fraud in which a customer purchases and receives an item using a credit card,…

    A type of fraud in which a customer purchases and receives an item using a credit card, then requests a spurious chargeback to obtain a refund, effectively gaining the item for free.

    • David Robertson, publisher of The Nilson Report, said Internet companies were plagued by "friendly fraud," in which "your perfectly valid cardholder can deny a transaction he willingly made."

The neighborhood

Vish — recursive loop

No curated loop yet for friendly fraud. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA