refund

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Related to refunds: Tax Refunds

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 ?
Refund amount: Individuals should not expect a windfall.
Computing the interest due on a deficiency or refund requires complex calculations.
Moreover, the IRS is holding substantially all claims for refund of the Communications Excise Tax relating to such services in suspense, precluding any consideration of the claims by the IRS Appeals Division or any other administrative resolution of such claims.
More and more, there are lots of entities that are preying on the low-income population by offering them these rapid refunds in order then to turn around and purchase some product," Herbers said.
3d 473 (Ninth Circuit 1994), which said that in absence of a timely return, a taxpayer must file a refund claim within two years of the date of payment of the tax.
By signing and filing the return, the taxpayer will have made a protective refund claim.
This move reflects our continuing global expansion and our efforts to provide easier VAT refunds for our customers worldwide.
Most people get a refund and have a vacation, or just go about having a party," says Preston H.
Taxpayers can elect to have their refunds electronically deposited directly into their bank account," said Board of Equalization Chair and FTB Member John Chiang.
When the information is submitted online, taxpayers see Web pages that show the status of their refunds and, in some cases, instructions to resolve potential account issues.