Repeat Return Rate definition

Repeat Return Rate means the rate, expressed as a percentage of the aggregate amount of Products repaired by Supplier for Company pursuant to this Attachment during any six (6) month period, that the same Repaired Product is returned for the same repair as was previously performed by Supplier at any time during such six (6) month period.

Examples of Repeat Return Rate in a sentence

  • The Repeat Return Rate is the number of returned items in a particular month that have been returned more than once in the last 6 months, divided by the total number of returns in that particular month.