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We found 2 dictionaries that define the word friendly fraud:

General (2 matching dictionaries)
  1. Friendly fraud: Wikipedia, the Free Encyclopedia
  2. friendly fraud: Wiktionary

Definitions from Wiktionary (friendly fraud)

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.

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