Definition of refund in US English:

refund

verb

[with object]
  • 1Pay back (money), typically to a customer who is not satisfied with goods or services bought.

    ‘if you're not delighted with your purchase, we guarantee to refund your money in full’
    • ‘The ministry had promised earlier to fully refund the money that the would-be pilgrims had paid several months earlier.’
    • ‘If you don't, simply return the remaining portion and we'll refund each and every penny of your purchase.’
    • ‘He said if any staff member is penalised due to late payment of a loan due to the delayed salaries, they would seek to have this penalty money refunded by the employer.’
    • ‘She said the commission has access to a bond to refund customer claims as appropriate.’
    • ‘Mrs Seddon, a secretary, and her husband, a retired headmaster, have been told P & O is refunding every passenger's fare and giving 25 per cent compensation to be used towards another cruise with the company.’
    • ‘Typically, airlines - including AA - refund the fees when passengers request refunds.’
    • ‘If they are lost or stolen the money is refunded with no questions asked.’
    • ‘The center refunded $23,000 to foreign students who returned home or canceled their planned stays.’
    • ‘In keeping with Festival policy, their entrance fees were not refunded.’
    • ‘The only thing we could do was apologise and refund customers' money.’
    • ‘Your financial institution will have arrangements in place for refunding stamp duty on unused pound cheques that you return.’
    • ‘The retailer has to refund the costs if it loses the action.’
    • ‘Patients who are not satisfied with the treatment can get the cost refunded.’
    • ‘Our standing offer to refund the fees of any dissatisfied subscriber applies here, of course.’
    • ‘Parents pay £3 to join the service and then a further £1 to hire a toy for two weeks 50p of which will be refunded on return of the item.’
    • ‘Usual Inland Revenue practice is to refund overpaid tax, plus a repayment supplement at simple interest rates for the last six tax years.’
    • ‘Therefore, it turned down the plea of the exporters to refund the amount thus collected.’
    • ‘The amount is refunded once the machine is returned back to the NAB.’
    • ‘Similarly, if the shares decline in value, the IRS won't refund your overpayment.’
    • ‘From a legal perspective, it is revealing that Apple has decided to refund money to customers who paid for the repair.’
    repay, give back, return, pay back, restore
    reimburse, compensate, recompense, square accounts with, settle up with, make amends to, make restitution to, recoup, remunerate, indemnify
    View synonyms
    1. 1.1 Pay back money to (someone)
      ‘I'll refund you for the apples and any other damage’
      • ‘The supplier of a speed camera detector has paid out thousands of pounds to drivers after guaranteeing to partially refund customers who are fined for speeding.’
      • ‘Justice Peter Underwood said he would not sentence Davie to jail provided he was satisfied everyone who lost money was refunded.’
      • ‘In some cases, it was claimed that customers were not refunded the difference when the substitutes cost less.’
      • ‘The promoter indicated via the media that ticket holders would be refunded their money.’
      • ‘Greater transparency is being sought to convince farmers that they are being properly refunded for the VAT paid on inputs.’
      • ‘Ofcom also wants service providers to refund customers that have been misled.’
      repay, pay off, give back, return, remunerate, compensate, make amends to, make restitution to, reimburse, recoup, refund, restore, make good, indemnify, requite
      View synonyms

noun

  • A repayment of a sum of money, typically to a dissatisfied customer.

    ‘you are entitled to reject it and insist on a refund’
    ‘you'll get an immediate tax refund’
    • ‘They will not be able to arrange an immediate refund.’
    • ‘They now have the option to get a full refund of their subscription fee.’
    • ‘I'm entitled to it, however, and shall be sure to push the claim through, to include a refund of the tax I've over-paid since we came to live here.’
    • ‘The hefty tax refunds many were predicting this year didn't exactly come true for millions of Americans.’
    • ‘So you can file amended returns to claim tax refunds for these up to seven years back.’
    • ‘Proprietor Neil Stevenson confirmed that refunds will be available by returning the tickets to Grooves.’
    • ‘Unclaimed financial assets such as inheritances, tax refunds, or money from previous bank accounts or employers may be waiting for you or someone you know.’
    • ‘If you return your book purchases within 15 days you get a full cash refund!’
    • ‘If your appeal is successful you may be able to obtain a refund of your original test fee.’
    • ‘In others, they have to pay the full cost and then claim a full or partial refund.’
    • ‘Mr Downey said the flat rate VAT refund compensates for the VAT paid on inputs.’
    • ‘They will receive an automatic ticket refund from Michelin.’
    • ‘Tourists wishing to claim their tax refunds must obtain tax forms from the authorized VAT store where the merchandise was purchased at the time of purchase.’
    • ‘According to a study in State Tax Notes, one out of three American taxpayers who intentionally fail to file their taxes are due a refund or owe no money at all.’
    • ‘This enables the parish to claim tax refunds on monies received.’
    • ‘In the sales, most retailers will offer a refund, exchange or credit note in these circumstances, but they are not obliged to so you cannot insist.’
    • ‘With rebates and tax refunds, he chopped nearly 75 percent off the $115,000 bill, bringing the cost down to $30,000.’
    • ‘He further alleged that he was unable to collect a promised refund from the manufacturer.’
    • ‘The first year students are demanding the refund of their fee so that they can take admission elsewhere next year.’
    • ‘The tax refund is paid to Raven only after it creates the jobs and pays its taxes.’
    repayment, reimbursement, restitution, reparation
    View synonyms

Origin

Late Middle English (in the senses ‘pour back’ and ‘restore’): from Old French refonder or Latin refundere, from re- ‘back’ + fundere ‘pour’, later associated with the verb fund. The noun dates from the mid 19th century.

Pronunciation

refund

/ˈriˌfənd/