re
fund
Plural
refunds
1
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
- She received a full refund after returning the defective shoes.
- The store offers a refund if you're not satisfied with your purchase.
- After returning the damaged item, he got a refund to his credit card.
- The store’s policy guarantees a refund within 30 days of purchase.
- He requested a refund for the concert tickets since the event was canceled.
2
the process or action of giving back money that was paid or collected
- Refunds are processed within five business days.
- The company handled the refund quickly and efficiently.
- Refunds should be documented to avoid disputes.
- Refund procedures vary depending on the retailer.
- The refund of taxes took longer than expected.
Synonyms: