refund
Pronunciation
/ˈɹiˌfənd/, /ɹɪˈfənd/

Definition & Meaning of "refund"in English

Refund
01

an amount of money that is paid back because of returning goods to a store or one is not satisfied with the goods or services

refund definition and meaning
Grammatical Information
Animacy status
Abstract
Composition
Compound
Countable
Plural form
refunds
Examples
She received a full refund after returning the defective shoes.
02

the process or action of giving back money that was paid or collected

Examples
Refunds are processed within five business days.
to refund
01

to pay back money to a customer, typically for a returned product or service that did not meet expectations

Grammatical Information
Composition
derived
Action verb
Regular
Present tense
refund
3rd person singular
refunds
Present participle
refunding
Past simple
refunded
Past participle
refunded
Examples
The company agreed to refund the full amount after the product was returned.
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