billback means 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. Lexicurio rates it Sui generis — a strength score of 91 out of 100.
Etymology
Deverbal from bill back.
noun
- 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.“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.”