Refund (noun) Definition, Meaning & Examples

verb (used with object)
  1. to give back or restore (especially money); repay.
  2. to make repayment to; reimburse.
verb (used without object)
  1. to make repayment.
noun
  1. an act or instance of refunding.
  2. an amount refunded.
verb (used with object)
  1. to fund anew.
  2. Finance.
    • to meet (a matured debt structure) by new borrowing, especially through issuance of bonds.
    • to replace (an old issue) with a new one.
verb (rɪˈfʌnd) (tr)
  1. to give back (money), as when an article purchased is unsatisfactory
  2. to reimburse (a person)
noun (ˈriːˌfʌnd)
  1. return of money to a purchaser or the amount so returned
verb (tr) finance
  1. to discharge (an old or matured debt) by new borrowing, as by a new bond issue
  2. to replace (an existing bond issue) with a new one
Refund (noun) Definition, Meaning & Examples

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