refund

refund
To retire existing bond issues through the sale of a new bond issue, usually to reduce the interest rate being paid. Bloomberg Financial Dictionary

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▪ I. refund re‧fund 1 [ˈriːfʌnd] noun [countable] FINANCE
a sum of money that is given back to you:

• If the goods are faulty in any way you will be entitled to a full refund.

• We don't give refunds.

• You can expect to receive a tax refund of £4000.

  [m0] ▪ II. refund re‧fund 2 [rɪˈfʌnd] verb [transitive]
to give someone their money back, for example because they are not satisfied with the goods or services they have paid for:

• We guarantee to refund your money if you are not entirely satisfied.

• Postal costs will be refunded in full.

• I enclose a cheque refunding the difference.

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Ⅰ.
refund UK US /ˈriːfʌnd/ noun [C]
► COMMERCE an amount of money that is given back to you, especially because you have paid too much, or you are not happy with a product or service: ask for/claim/demand a refund »

Even if the condition is fine, you can still demand a refund if the item is not fit for its purpose.

 »

get/receive a refund

 »

be eligible for/entitled to a refund

 »

make/offer/pay a refund

 »

a cash/full refund

 »

a tax refund

Ⅱ.
refund UK US /ˌriːˈfʌnd/ verb [T]
► COMMERCE to give someone back an amount of money, especially because they have paid too much or are not happy with a product or service: »

The court ordered the company to refund current customers.

 refund money/cash »

If someone buys you a present you don't like, the store is within its rights not to refund the money.

 »

The customer will be refunded in full up to $50,000.

 »

If you see any branded item you have purchased at a cheaper price elsewhere within 60 days, we will refund the difference.


Financial and business terms. 2012.

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Synonyms:
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Look at other dictionaries:

  • Refund — Re*fund (r?*f?nd ), v. t. [L. refundere; pref. re re + fundere to pour: cf. F. refondre, refonder. See {Fuse} to melt, and cf. {Refound} to cast again, 1st {Refuse}.] 1. To pour back. [R. & Obs.] [1913 Webster] Were the humors of the eye… …   The Collaborative International Dictionary of English

  • Refund — Re*fund (r?*f?nd ), v. t. [Pref. re + fund.] To fund again or anew; to replace (a fund or loan) by a new fund; as, to refund a railroad loan. [1913 Webster] …   The Collaborative International Dictionary of English

  • refund — I noun compensation, cut, discount, indemnification, money back, payment for expenses, rebate, recompense, recoupment, reduction, refundment, reimbursement, repayment, replacement, restitution, return, satisfaction, settlement II verb adjust,… …   Law dictionary

  • refund — [n] returned money acquittance, allowance, compensation, consolation, discharge, discount, give back*, give up*, kickback, money back, payment, rebate, reimbursement, remuneration, repayment, restitution, retribution, return, satisfaction,… …   New thesaurus

  • refund — ► VERB ▪ pay back (money) to. ► NOUN ▪ a refunded sum of money. DERIVATIVES refundable adjective. ORIGIN Latin refundere pour back …   English terms dictionary

  • refund — refund1 [ri fund′; ] also, and for n. always [, rē′fund΄] vt. [ME refunden < MFr or L: MFr refonder < L refundere < re , back + fundere, to pour: see FOUND3] to give back or pay back (money, etc.); repay vi. to make repayment n. the act… …   English World dictionary

  • refund — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ full ▪ partial ▪ 10%, 50%, etc. ▪ cash ▪ …   Collocations dictionary

  • refund — I UK [ˈriːfʌnd] / US [ˈrɪˌfʌnd] noun [countable] Word forms refund : singular refund plural refunds money that was yours that you get again, especially because you have paid too much for something or have decided you do not want it You will… …   English dictionary

  • refund — I n. 1) to give, pay a refund 2) to get, receive a refund 3) a tax refund II v. (B) the manager refunded the purchase price to the customer * * * [ riːfʌnd] pay a refund receive a refund (B) the manager refunded the purchase price to the customer …   Combinatory dictionary

  • refund — re|fund1 [ˈri:fʌnd] n 1.) an amount of money that is given back to you if you are not satisfied with the goods or services that you have paid for ▪ They refused to give me a refund . ▪ Return your purchase within 14 days for a full refund . ▪ You …   Dictionary of contemporary English

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