Refund

/ˈrɪˌfʌnd/

Meaning & Definition

noun

A repayment of a sum of money, typically to a customer for a returned item or an overpayment.

She received a full refund for the dress she returned.

The act of returning money that was paid.

The store has a policy of offering a refund within 30 days of purchase.

verb

To return money to someone, usually because they have returned a product or have been overcharged.

The airline agreed to refund my ticket after the flight was canceled.

To give back money that was previously paid.

If you are unsatisfied with the service, they will gladly refund your payment.

Middle English: re- 'again' + funde 'to provide funds'.

full refund

Returning all the money paid.

partial refund

Returning a portion of the money paid.

money-back guarantee

A promise that a full refund will be given if the product is unsatisfactory.

reimburse

To repay someone for expenses incurred.

credit

An amount of money available for use within an account.

To give back the cash.

The store offered to give me a cash refund.

Getting your money back quickly.

I just want my money back ASAP, do a refund!