Refund

Refund,

Definition of Refund:

  1. Pay back (money), typically to a customer who is not satisfied with goods or services bought.

  2. A repayment of a sum of money, typically to a dissatisfied customer.

  3. Compensation paid to a customer for over-invoicing or for returned goods.

  4. Payment or retirement of a loan by arranging a new loan.

  5. Return by the taxation authorities of excess tax paid by an individual or a firm. Also called tax refund.

Synonyms of Refund

Repay, Give back, Return, Pay back, Restore, Repayment, Reimbursement, Restitution, Reparation, Abate, Abatement, Agio, Allow, Allowance, Amends, Atone, Atonement, Bank discount, Bate, Breakage, Cash discount, Chain discount, Charge off, Charge-off, Compensate, Compensation, Concession, Cut, Deduct, Deduction, Depreciate, Depreciation, Discount, Drawback, Give satisfaction, Indemnification, Indemnify, Kick back, Kickback, Make allowance, Make amends, Make good, Make reparation, Make restitution, Make up for, Make up to, Making good, Pay back, Pay damages, Pay in kind, Paying back, Penalty, Penalty clause, Percentage, Premium, Price reduction, Price-cut, Quit, Rebate, Rebatement, Recompense, Recoup, Recoupment, Redress, Reduce, Reduction, Refundment, Reimburse, Reimbursement, Reparation, Repay, Repayment, Requital, Requite, Restitution, Retribution, Return, Rollback, Salvage, Satisfaction, Setoff, Square, Squaring, Take a premium, Take off, Tare, Time discount, Trade discount, Tret, Underselling, Write off, Write-off

How to use Refund in a sentence?

  1. I was issued a refund for my meal because I found a hair in my soup and complained to the manager about it.
  2. The refund was issued to the customer despite the product never being sold from the store, this was great customer service.
  3. If youre not delighted with your purchase, we guarantee to refund your money in full.
  4. The customer bought two pairs of jeans without trying them on and when she got home she discovered they didnt fit so she returned them to the store and was issued a refund .
  5. You are entitled to reject it and insist on a refund.

Meaning of Refund & Refund Definition

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Refund,

How Do You Define Refund?

  • Refund can be defined as, Refund is a financial transaction in which one party pays a certain amount to the other party. Refunds are usually made if a party fails to meet an obligation or promise. Under the insurance policy, the insured can get compensation for the payments that the insurer has to bear.

  • Meaning of Refund: If the premium has been overpaid or if the policyholder has to pay the remaining premium, the amount to be returned to the policyholder

  • How much would you get from the IRS if you had paid more taxes (usually through payroll deductions) than you owe?

  • Refunds due to overpayment or return of goods sold. See related questions about credit card credit refunds.

  • Cash or travel credit or coupons received from travel agents, tour operators, airlines, cruise lines or other travel agents, or credit, fees or refunds received from your employer, another insurance company. Get a credit card issuer or a legal entity.

Meanings of Refund

  1. Compensation (cash), usually for customers who are not satisfied with the goods or services purchased.

  2. Usually return a certain amount to the unhappy customer.

Sentences of Refund

  1. If you are not satisfied with your purchase, we guarantee a full refund.

  2. You have the right to refuse and demand a refund.

Refund,

Definition of Refund:

  • Refund is a financial transaction in which one party returns money to the other party. Cancellation usually occurs when one of the parties fails to meet an obligation or promise. As part of the insurance policy, the policyholder may be paid the benefits that they originally intended.

  • Definition of Refund: An amount that is refunded to the policyholder in case of overpayment of premium or if the policyholder has to pay a premium which has not yet been earned.

  • A simple definition of Refund is: If you have paid more tax than you owe (usually through deductions) you will receive money from the IRS.

  • Refunds due to overpayment or refund of sold goods. See questions about credit card balance refunds.

  • Subsequent travel cash or credit or credits from travel agents, tour operators, airlines, cruise lines or other travel companies, refunds or money received from your employer, other insurance company, credit card or other issuer.

Meanings of Refund

  1. Get some money back.

Sentences of Refund

  1. You can apply for a tax refund.

Synonyms of Refund

replace, make restitution/amends to, remunerate, settle up with, square accounts with, indemnity

Refund,

What is The Meaning of Refund?

  1. You can define Refund as, The amount of money that is refunded to the policyholder in case of overpayment of premium or if the policyholder has to pay premium which was not earned.

  2. If you had paid more tax (usually through payroll deductions) than you owe, the amount you would have received from the IRS.

  3. Refund definition is: Refunds due to overpayment or return of goods sold. See questions about credit card balance refunds.

  4. Refund can be defined as, Subsequent travel cash or credits or coupons received from travel agents, tour operators, airlines, cruise lines or other travel companies, or credits received from your employer, other insurance company, card or credit or other issue of loans , Refunds or alternatives.