Word Pronunciation & Dictionary

friendly fraud

Word Rarity Uncommon

Frequency: Zipf frequency 4.18 in modern English

Syllables: friend-ly fraud
IPA

24

Scrabble Score

13

Letters

2

Syllables

10

Unique Chars

Meaning

noun

A type of fraud in which a customer purchases and receives an item using a credit card, then requests a spurious chargeback to obtain a refund, effectively gaining the item for free.

Uncountable

Example Sentences

"David Robertson, publisher of The Nilson Report, said Internet companies were plagued by "friendly fraud," in which "your perfectly valid cardholder can deny a transaction he willingly made.""
"The steps for investigating a chargeback are tedious and labor-intensive, so most merchants don't bother with them, especially for lower-cost items. This makes friendly fraud easier to pull off, even if some consumers are unaware that they're doing anything wrong."
"Internally, the company described the problem as one of "friendly fraud", and one staff member, who was in charge of a project to increase the company's game revenues, said it was particularly bad with a few games, including "PetVille, Happy Aquarium, Wild Ones, Barn Buddy and any Ninja game"."

Usage

Uncountable

Questions

What does friendly fraud mean?: A type of fraud in which a customer purchases and receives an item using a credit card, then requests a spurious chargeback to obtain a refund, effectively gaining the item for free.

How to pronounce friendly fraud

Open the pronunciation page — Open the Speakur entry for “friendly fraud”.
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