- The definition of a refund is an amount of money given back.
The $17 that was returned to you after you brought back a shirt that fit badly is an example of a refund.
- Refund is to give money back.
A company giving your money back on a defective toaster is an example of refund.
Origin of refundMiddle English refunden ; from Middle French or L: Middle French refonder ; from Classical Latin refundere ; from re-, back + fundere, to pour: see found
- to fund again or anew
- to use borrowed money, esp. the proceeds from the sale of a bond issue, to pay back (a loan) before or at maturity
- to replace (an old bond issue) with a new bond issue, often at a lower rate of interest
Origin of refundre- + fund
verbre·fund·ed, re·fund·ing, re·funds
- A repayment of funds.
- An amount repaid.
Origin of refundMiddle English refunden, from Old French refunder, from Latin refundere : re-, re- + fundere, to pour; see gheu- in Indo-European roots.
(third-person singular simple present refunds, present participle refunding, simple past and past participle refunded)
- To return (money) to (someone); to reimburse.
- A governor, that had pillaged the people, was […] sentenced to refund what he had wrongfully taken. — L'Estrange.
- If you find this computer for sale anywhere at a lower price, we'll refund you the difference.
- An amount of money returned.
- If the camera is faulty, you can return it to the store where you bought it for a refund.
refund - Investment & Finance Definition
To replace debt before the original maturity date by issuing refunding bonds.