Billback

Quick meaning: Billback is a noun meaning (accounting) The process of charging the client for a portion of the cost of resources that the client has used in order to recover the capital expense.

Meaning

(accounting) The process of charging the client for a portion of the cost of resources that the client has used in order to recover the capital expense.

Example Sentences

Please explain the procedure you have established to determine which headquarters activities will be funded through billbacks to the district offices.

Take greater advantage of opportunities to recover costs through billback agreements, which allow the Government to make warrantied repairs and obtain reimbursement from the manufacturer when it is impracticable to return trucks to an authorized dealer.

Word Forms

• billbacks

Related Words

Related dictionary entries include self-billing, chargeback, billing, addback, back end, sellback.

Related Dictionary Tools