Definition, Meaning & Synonyms
refund
Noun/Verb
/ˈriːfʌnd/
Definition
A refund is an amount of money given back to a customer after a purchase, typically because the product was returned or not satisfactory.
Examples
- If you are not happy with your purchase, you can request a refund.
- The store offered a full refund for the defective item.
- After reviewing my complaint, they agreed to refund my ticket cost.
Meaning
The act of returning money to someone, usually because they are unsatisfied with a product or service.
Synonyms
- reimbursement
- repayment
- return
- compensation
