Chargeback Rate definition

Chargeback Rate means the proportion (expressed as a percentage) of Chargebacks out of the total number of attempted credit or debit card sales transactions.
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Chargeback Rate means the proportion (expressed as a percentage) of chargebacks out of the total number of attempted credit or debit card sales transactions, calculated separately for each payment card association (e.g., American Express, Discover Card, MasterCard, or Visa).
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Chargeback Rate means, as of any date of determination, an amount (expressed as a percentage) equal to (i) the aggregate Outstanding Principal Balances of all Pledged Purchased Consumer Note Receivables and all Pledged Consumer Note Receivables which were, in each case, Consumer Level Eligible Receivables at the time of their Pledge hereunder and which became Chargeback Receivables during the immediately preceding Remittance Period, divided by (ii) the aggregate Outstanding Principal Balances of all Pledged Purchased Consumer Note Receivables and all Pledged Consumer Note Receivables which were, in each case, Consumer Level Eligible Receivables at the time of their Pledge hereunder and which continued to be Consumer Level Eligible Receivables as of the last day of the immediately preceding Remittance Period.
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Examples of Chargeback Rate in a sentence

  • The retention rate will be directly related to the Chargeback Rate.

Related to Chargeback Rate

  • Fallback Rate means, where a Permanent Discontinuation Trigger for an Applicable Benchmark Rate has occurred, the rate that applies to replace that Applicable Benchmark Rate in accordance with Condition 5.3(b)(i)(B);

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Adjusted Prime Rate A rate per annum equal to the sum of (a) the Prime Rate Margin and (b) the greater of (i) the Prime Rate or (ii) one percent (1%) in excess of the Federal Funds Effective Rate. Any change in the Adjusted Prime Rate shall be effective immediately from and after such change in the Adjusted Prime Rate.

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following: