refund

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refund

noun compensation, cut, discount, money back, payment for expenses, rebate, recompense, recoupment, reduction, refundment, repayment, replacement, restitution, return, satisfaction, settlement

refund

verb adjust, compensate, dissolvere, give back, honor a claim, indemnify, make amends, make commensation, make good, make restitution, pay back, rebate, recompense, reddere, redeem, reimburse, repay, replace, requite, restore, return, satisfy, settle, square
See also: bear the expense, compensate, consideration, defray, discharge, indemnify, indemnity, payment, quit, rebate, reciprocate, recompense, recoup, reimburse, reimbursement, remunerate, repay, replace, replacement, restitution, restore, return

TO REFUND. To pay back by the party who has received it, to the party who has paid it, money which ought not to have been paid.
     2. On a deficiency of assets, executors and administrators cum testamento annexo, are entitled to have refunded to them legacies which they may have paid, or so much as may be necessary. to pay the debts of the testator; and in order to insure this, they are generally authorized to require a refunding bond. Vide 8 Vin. Ab. 418; 18 In Vin. Ab. 273; Bac. Ab. Legacies, H.

References in periodicals archive ?
In GCM 39772, the IRS Chief Counsel needed to decide when an overpayment claimed on an original return was refunded, to determine when interest on a subsequently determined deficiency for the same tax year began to run.
verified the mathematical accuracy of debt service computations on the refunded bonds and income from the escrowed funds and securities, contained in schedules provided to them by the State of Florida.
The refunded bonds dated October 15, 1997 will be redeemed on October 15, 2007 at 101%.
will hold escrowed funds and securities in a separate irrevocable trust fund, for the benefit of refunded bondholders.
Note that the estimated taxes refunded generally are treated as if never paid if later estimated tax penalties arise.
The bonds were refunded on July 26, 2006 with proceeds of LIPA's Electric System General Revenue Bonds, Series 2006D and other monies of LIPA.
The bonds were refunded with a portion of the proceeds of NTSC's tobacco settlement asset-backed bonds, series 2006A, B, and C and funds transferred from the refunded bonds' debt service and debt service reserve accounts.
The bonds were refunded on April 27, 2006 with proceeds of the Tarrant County Cultural Education Facilities Finance Corporation retirement facility revenue bonds (Northwest Senior Housing Corporation-Edgemere Project), series 2006A and series 2006B.
Morgan Trust Company, National Association, will hold escrowed funds and securities in a separate irrevocable securities trust fund for the purpose of paying interest, principal and any redemption premium on refunded bonds.
These bonds were refunded on June 22, 2006 with proceeds of the issuer's hospital revenue refunding and improvement bonds, series 2006A and taxable hospital revenue refunding and improvement bonds, series 2006C (auction rate securities) and funds transferred from the refunded bonds' sinking funds.