Definitions for "Chargeback Period"
The number of calendar days in which a member may charge sales back to the merchant, beginning with the day after the date the record is first received by the member or agent and continuing until the end of the day on which it is dispatched as a chargeback item.
The number of calendar days from the central processing date during which period the Issuer may exercise a chargeback right.
The number of days from the processing date or endorsement date transaction during which the issuer may initiate a chargeback.