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LSDefine

Simple English definitions for legal terms

charge-back

Read a random definition: obviousness-type double patenting

A quick definition of charge-back:

Charge-back: When you deposit a check into your bank account, the bank gives you the money right away. But if the check bounces or is not valid, the bank takes that money back from your account. This is called a charge-back.

A more thorough explanation:

A charge-back is when a bank takes back money that it had given to a customer. This usually happens when a check that was deposited into the customer's account bounces or is not valid.

John deposited a check for $500 into his bank account. The bank credited his account with $500, but later found out that the check was not valid. The bank then took back the $500 from John's account. This is an example of a charge-back.

Another example could be if a customer disputes a charge on their credit card and the bank takes back the money from the merchant's account. This is also considered a charge-back.

These examples illustrate how a bank can take back money that it had previously given to a customer or merchant. It is important to make sure that any checks or charges are valid before depositing or accepting them to avoid charge-backs.

charge and specification | charge bargain

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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