Definition, Meaning & Synonyms

refund

verb
/ˌriːˈfʌnd/
Definition
A refund is the act of returning money that has been paid for a product or service, typically because it is unsatisfactory or not as described.
Examples
  • If you are not satisfied with your purchase, you can request a refund within 30 days.
  • The store policy allows for refunds on defective items.
  • After much discussion, they agreed to refund the ticket price.
Meaning
To refund means to give back money to someone, usually because they have returned a purchase or were dissatisfied with a transaction.
Synonyms
  • reimburse
  • repay
  • return